Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: techguerrilla who wrote (20219)	6/11/2003 10:10:07 AM
From: Jim Willie CB	Read Replies (1) of 89467

USDollar has overnight case of diarrhea, dont forgot to wipe quotes.ino.com 92.88 an extremely significant signal came last week the EuroCentralBank cut rates by 50 pbt (0.5%) the FOREX response was to buy the euro !!! this is very signficant the numbnut blindmen tools in press & media reported... "euro rises as traders anticipate US rates to fall in suit" more like... "euro rises as USDollar fundamentals weaken, Fed intervention intensifies, Fed monetization efforts broaden, trade gap remains at hemorrhage levels, federal deficits deepen, and crude oil prices rise to pre-Iraq levels, while the chain reaction of falling dollar coupled with Weimar-like Fed money printing will eventually result in systemic price inflation" and you can quote me I fully expect the USDollar to decline by at least 50% from top of 122 to bottom THE US$ DECLINE HAS NOT EVEN BEGUN VERSUS ASIANS !!! that is round#2, which will take the USEcon, US lumpen investoriat schlemiles, and lapdog Press&Media by surprise / jim

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