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Gold/Mining/Energy : Corner Bay Silver (BAY.T) -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (1339)	9/25/2000 12:06:28 PM
From: TheBusDriver	Read Replies (1) \| Respond to of 4409

<<My bet is that we will see a major change within the next 6 months. >> Think you are probably right here. From the latest issue of the Privateer: More than a month ago, in Congressional testimony, Alan Geenspan said this: “At some point, overseas investors will no longer wish to keep buying U.S. debt and equity securities. ...at some point, something has to give”. But Mr Greenspan knew, even as he used these words, that the point at which “something had to give” had to be postponed until after the Nov. 7 U.S. Presidential elections. This is not a “partisan” consideration. It matters not whether (in the privacy of his own mind) Mr Greenspan favours Mr Gore or Mr Bush. With the partial exception of 1980, no economic or financial turmoil has disturbed America while they are in the process of choosing a new President. For such a thing to happen, especially now, would shatter the of aura what Secretary of State Albright has called “the indispensable power”. Good read. Highly recommended. the-privateer.com (But ya gotta pay!) And from the Contrarian: We see the expansionist monetary policy in the US as aiding and abetting the pressures crude is bringing on the US as well as the global economy. First, we have already discussed with you too many times why credit creation in the US has exacerbated the trade deficit, propped up the financial markets and, in turn, underpinned a good portion of the spike in the dollar relative to foreign currencies. The imbalance of US dollar strength has really put pressure on the global economic community in terms of crude pricing. It is clearly translating into inflationary and economic pressure. In essence, here we have imported deflation into the US vis-a-vis the trade imbalance and are paying back our benefactors with upward inflationary pressure on their economies via the strong dollar effect in global crude prices. Full text from the Contrary Investor: contraryinvestor.com Best Wayne