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To: long-gone who wrote (75913)9/6/2001 10:11:39 PM
From: ubetcha  Read Replies (1) | Respond to of 116753
 
This whole mess in the middle east is a powder keg with the fuse burning. The US and Israel pulling out of the racist conference is only one more straw in this whole mess. Once the burning fuse hits the keg, all hell will break loose including the price of oil, and in my opinion "gold". I watched the markets for the past weeks, and with the Dow and Nasdaq going down, cannot believe the dollar and the price of the metals. Of course all the other countries are in the same shape. Japan cannot get out of their mess even with almost 0% interest rates. Europe cannot get their economy going until the Euro becomes the coin of the realm. The world is definitely in a monetary mess, and adding more is not the answer. Like pouring gasoline on the fire. I do not think that we are too far off. By spring of next year if not sooner.

Terry