Hello Maurice, <<Should have just climbed aboard instead of dickering over the ticket price>>
... it is not too late for you to cry 'uncle Greensputin', take Professor BurnAndKaput's advice, and converted your diminished USD to NZD, because, as Abby Jo Cohen would quip, 'the trend is still in place'. The NZD will continue to rise against USD, because the Script is so Message 19679212 .
<<Your recommendation now seems a bit late>>
... oh, come now, Maurice, that is neither true nor fair, because:
Message 15279970 <<February 1st, 2001 The Dollar will be the last to fall, but fall it will.
Out of the ashes of tax cuts and interest rate decrease, market intervention and economic data manipulation, a new age will dawn, powered forward by ... oh, I do not know ...
... after due consideration, in the fullness of time, I figure we can dream about mining exploration on Neptune (as long as it is not for platinum and yet more gold), human cloning (as long as they are me and my buddies), and generation skipping offshore trusts backed by, but of course, platinum and gold, naturally.>>
… and … Message 15406647 <<February 24th, 2001 “Oh, most excellent gold! … who has gold has a treasure [that] even helps souls to paradise” Columbus, as quoted from “The Power of Gold” by Peter L. Bernstein, 2000
“The word ‘risk’ derives from the early Italian ‘risicare’, which means ‘to dare’. In this sense, risk is a choice rather than a fate. The actions we dare to take, which depends on how free we are to make choices …”
“Against the Gods – a remarkable story of risk” by Peter L Bernstein, 1996
These are the clarion calls to arise from dormancy and arm, the tired Auric bugs!
It soon shall be your time to storm the castles of Finance, the Temple of Hedonics, and rule in the Citadel of Species, as you had for four millenniums before the Great Twenty Years Interlude.
The Motley Fools speak of you in tones of contemptuous jest. They shall be silenced.
The Maestro fears you secretly, for you are the believer of true Au species and not of coconut backed construct dressed in sickly green. He shall be vanquished.
But, slowly, slowly and ever so slowly. Never be in a hurry to lose money. We simply do not know the future, and so far, again and again, we have shown ourselves to be lacking in imagination.
I have always wanted to watch history up close and personal, and here now is our chance of several life times.>>
… and addressed to you personally …
Message 15410107 <<February 26th, 2001 ... Maurice ... QCOM is but one chair on the Titanic>>
So, just which part of my message of doom did you not understand, then and now?
As to your …
<<… Kiwi economy is zooming and rock and rolling. But the chickens are coming home to roost. Exporters faced with such a haircut [40c to 70c] will be thinking the number of NZ$ they get is not enough to pay their Kiwi$ costs and justify the capital they've invested.>>
… But, according to your playbook, the NZD managers can simply copy your Idol Greensputin and learn from your hero BurnAndKaput, print and export NZD and save the resources for use later, after the collapse. <<I'm thinking the yuan is a much better place to flee to … An apartment near Beijing central train station … How's that for a cool idea?>>
I believe this is a horrible idea, because THEY will be printing a lot of RMB paper, and the apartments in China typically has no secondary market for resell, only for rental, and under an if-ish legal regime.
Chugs, Jay |