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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: smolejv@gmx.net who wrote (36511)7/26/2003 12:58:44 AM
From: TobagoJack  Read Replies (3) of 74559
 
Hello DJ, <<New York Post>> ... exactly :0)

Hope springs eternal, especially when the river of facts runs dry, even as others' cups are brimming over with GOLD, the natural trade, obvious exchange, apparent wager, and sure bet.

I am as optimistic as ever, unable to count the good fortune as quickly as they land in my lap today, and so I will count them tomorrow:0)

However, on a doomsday note, I have just received the following from a friend, speaking of exogenous shocks and embedded awe:

"If you haven't read the article 'The fall of the House of Saud' by Robert Baer in the Atlantic Monthly in May of this year regarding Saudia Arabia, you can now read it online here:

foi.missouri.edu

Makes you want to buy some long dated (5 years or so) oil with strikes at $50. Bombing one single plant could stop production equivalent to 1/3 of the US's daily consumption of oil. Consider it terrorism insurance. Scary thought."


I do not like to buy long dated anything because I like to sell them, and so I must restrict myself to buying Russian oil, Danish wind, Trinidad gas, and Canadian trusts.

Even though I am sure the empire's guardians will try their best to safeguard our interest using our money, I suspect that (a) the job is difficult, and (b) therefore expensive. As an insurance on insurance, I again advise Maurice to learn Aztec-speak, gold bug crawl, platinum worm wiggle, and silver-backed monkey hoot.

TPonRr is straight ahead, and after that, TeoTwawKi beckons.

Chugs, Jay
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