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To: Zardoz who wrote (61318)11/26/2000 6:19:54 AM
From: d:oug  Respond to of 116753
 
ok Hutch, the TruTh "its out there" between a rock & a hard place.

Let us all free ourselfs from this burden
so that we can all stand up and never no more
have to hide that which we hold as values,
that which defines each of us.

Yes I agree, some folks derive their place in life
from what has been written, telling us it is wrong
and incorrect to use certain ways and means as fuel
to feed that engine of self expression to initiate
a task, so that an end is accomplished, and damn
the means, and any flak received Return to Sender.

ok Hutch, but not until the next usa prez is cast in stone.

If its bush then i speculate a very quick dung hits the fan
and it will be GataTime & Greatness onto Bill Murphy.

If its gore, and thusly the same evils remain in power,
then to me its a "not if but when" when when can be years.

... truth that gets distorted
for causes and illusions of power.
This is the truth that GATA lusts for... hutch

Comes with the territory a.k.a. LandScape

... Gold is used many times
as an over night holder of credit...
... people mistake this as being short on the books.
... based on such actions only go to inflate the expectations
and leads to the false conclusion of conspiracies... hutch

Oops, i need Bob Johnson to address this one.

... To have a good conspiracy;
you must have a reason,
none here are justified. hutch

Good, Evil.

d:o)g



To: Zardoz who wrote (61318)11/26/2000 7:34:32 AM
From: lorne  Read Replies (1) | Respond to of 116753
 
Hi Hutch. been very little on the news about this. Any comments.?
Argentina's debt crisis is a global problem.
Saturday, November 25, 2000
" These soaring interest rates on risky debt are, in effect, a prophecy of future troubles for the world economy."
" A scenario for the next world financial crisis is already obvious: a default by a big debtor - maybe a country, maybe a big corporation (say an over-ambitious telecom company) - creates a bond market panic. "
" What worries me is this: The bond market is warning us of turbulence ahead. "
Full story >>>
smh.com.au



To: Zardoz who wrote (61318)11/26/2000 9:46:45 AM
From: Crimson Ghost  Read Replies (2) | Respond to of 116753
 
Armstrong was correct in his bearish take on gold, but his downside target of $200 or less seems no more realistic than Bill Murphy's $600 objective.

BTW, Armstrong has made some very bad calls as well as some very good ones. He was ultra bearish on stocks at the 1998 bottom.

You have said that you do not expect gold to hit $350+. But what do you expect.



To: Zardoz who wrote (61318)11/26/2000 2:12:41 PM
From: paul ross  Read Replies (1) | Respond to of 116753
 
Excerpts from an interview with Martin Armstrong in the May 31,1996 issue of Silver and Gold Report, edited by James DiGeorgia.

Martin Armstrong:

>>>>You're going to see oil most likely reach the $60-$80 range over the next 2 to 3 years...
...Roughly, there's a 64-year cycle in gold, which is due for a peak around 1998. The last peak came in 1934 when gold was rallying substantially and Roosevelt was confiscating it.
Before that, you had the gold panic of 1869 when we first went off the gold standard. Prices rallied up to $162 on the NYSE back then. That's the equivalent to nearly $10,000 in today's terms!
What I find interesting is that every time this 64-year gold cycle pops up, it tends to earmark periods of crisis in the currency exchange rates...
Looking down the road further-say two years- I think gold will likely test its 1980 high by 1998, perhaps even the $1000 range by then, and then higher into the year 2003.
Platinum looks even better. I wouldn't be surprised to see it approach $1800-2000 level in the next two years.
I am not as optimistic on silver, but I expect it to break through the $8 level. Silver could move in sympathy with gold and platinum. It might leap over the $10 mark in the next few years.<<<<<

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