Hi, Donald, and welcome to this thread as well. You are not alone in your feelings, of that I am certain. What I believe you've nailed on the head is the double speak that we are so famous for and love to chide our "enemies" for employing.
Greenspan sits in our nation's capitol, last week as a matter of fact, and states the Asian currency crisis is small and consequently of small effect over here.
NOT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
If, as you say, Japan has lotsa yen and has no confidence in his/her govt, then what ARE they placing their confidence in?
What ARE they buying?
Equities are in the toilet,
Real estate is in the toilet,
Yen is in the toilet...
If they have a Toyota in every garage
and a Tyson Chicken in every pot,
and are viewing the world on 1" color TV's from Korea
they what in the world are they lacking?
O/49r
PS...just thot y'all like t'know...
Silver is up 7.5c in Globex right now...
gold is only up 40c |
