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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: John McCarthy11/12/2006 4:00:12 PM
  Read Replies (5) of 78410
 
BubbleQuake .....

what follows is from this wk-ends Barrons ... page 11

I ain't gonna type the whole thing ....para-phrasing

An author named Eric Janszen is out with a new book
called "America's Bubble Economy"

Barron notes at the end of their piece that one of this author's credentials is that way back when he told Barron's
that the Internet craze (bubble) was "a reflection
of monetary inflation" as opposed to future rising earnings.

He did this way before the bubble actually burst.

In this go around - he see FIVE BUBBLES:

(1) Housing bubble
(2) Stock Market bubble
(3) Foreigner-Supported-Dollar bubble
(4) Consumer Debt bubble
(5) U.S. Debt bubble

He goes on to say that when these 5 bubbles collide
- he didn't say this - the s$$$ will hit the fan ....

What to do?

Two choices:

(a) Gold
(b) Eurobonds or Euro denominated exchange traded funds
(I do NOT know what that means)

This author is the author of the iTulip financial
web site (never heard of it)

When the bubbles collide - it will deflate America's
assets and lower Americans standard of living.

His price target for gold is $2,500 to $3,000.

He thinks today's DOW (at 12,000) should be at
6,000 right now ... and the difference is again
MONETARY INFLATION ....

end of article .....

regards,
John

comment:
for those interested you might wanna follow
Bart13 and others .....

its a tough read to follow and I understand little
of it ....

but their tracking repos and TIO's (?) [ I am using
words I do NOT understand well
] but the message
is these tools are being used to pump up the money
supply in a stealth type manner ....
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