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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (2941)12/8/2003 10:19:01 AM
From: Jim Willie CB  Read Replies (1) of 110194
 
publicly, China diverts new trade surplus capital to real asset investments and strategic economic supplies
e.g. oil capture
(copper, nickle, strontium, vanadium, platinum next...
and withholding of silver refined output also)

privately, China diversifies some old trade surplus capital to gold and euros

we are repeating 1987 spring & summer developments
falling dollar will soon cause rising bond yields
and hit the stock market suddenly with air pockets

THIS CLASS OF STOCK INVESTORS OUT THERE NOW IS INCREDIBLY NAIVE, INEXPERIENCED, FULL OF DENIAL, AND HEADED FOR ROUND #2 IN LOSSES
(round #1 was spring summer autumn 2000)

/ jim
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