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Strategies & Market Trends : Natural Resource Stocks

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To: Roebear who wrote (4239)12/3/2003 9:58:52 AM
From: Jim Willie CB  Read Replies (2) of 108697
 
what amuses me most is prevalent faith in Bank of Japan
even by Richebacher
he was way off, and I called him on it
he didnt erupt and insult, like he did so many other times during disagreement
on BoJ, he simply said "their central bank will stop at nothing to prevent the yen from rising, since the consequences would be SO DIRE"

belief in govt central banks will prevent many from profiting heavily in gold
govts are just large corrupt organizations
they can be overwhelmed by markets
the smallest markets like stocks (S&P) they can overcome
larger like bonds (Trez) they cannot easily overcome
largest like currencies they cannot overcome ever

IN TIME GOVTS CANNOT STOP THE OCEAN TIDE OF FOREX

/ jim
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