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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: limtex who wrote (40786)8/30/2001 11:42:24 AM
From: Jim Willie CB  Read Replies (4) | Respond to of 65232
 
very slow motion meltdown though
plenty of morons out there who fail to understand the ineffectiveness of Federal Reserve policy
and the inadequacy of the tools with which they implement policy

wreckage on the road
balloons emptied of their air

very very soon, we will see minor currency panics
and news of failures, home and abroad
just read that derivative trading is now 8-10 times larger now, as compared to 1997 during the last Meltdown

I expect to see gold and mining shares rise in breathtaking fashion in the next 4-8 weeks
a panic is brewing, and the inept Fed cannot stop it
DimWitted Wim Doozenberg of Germany cannot even merit the label of "quarter-wit"
the panic will involve Asia, Europe, US

/ jim