Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (3746)	11/8/2001 10:09:10 AM
From: Ken Robbins	Respond to of 36161

The last word.

To: isopatch who wrote (3746)	11/8/2001 3:15:05 PM
From: SliderOnTheBlack	Read Replies (3) \| Respond to of 36161

re: Roach - "running out of basis points" ie: Japanese Deja Vu all over again ["One tough question begets another. And I would counter by asking the Fed why it allowed all this to happen in the first place. After all, this was the same central bank whose chairman warned of "irrational exuberance" in December 1996, when the Dow was at 6400 and the Nasdaq at 1300. "] I'll repeat what I've said before. ...years from now; history will view Robert Rubin & the Investment Bankers rape & pillage (read manipulation) of the Financial System (and the American Middle/Working Class) as the greatest white-collar crime in global history. King Dollar & the irrational exuberance of 1996 that was ignored untill the bubble collapse of 2000 was a crime - it was literally an orchestrated transfer of wealth - nothing more, nothing less... and we've just been handed the deflating bag - and Greenpimp has been left holding it all alone ... after the Rubinites have allready exited stage left. Roach has seen this clearly for many months now & his forward looking view of the coming realities should be heeded... this is truly a problem that all the kings horses and all the kings men - "aint" gonna be able to put back together again... Today we stand with an S&P 500 PE still double what it was during the last recession..."double" ?!?! ...we "aint" seen nothing yet. Sooner, or later; when, not if... DOW 6-7000 and a triple digit NAZ are coming....bank on it and plan for it. Those with cash will be able to swoop down and buy hard assets (land, real estate, collectibles etc) at historic "value" opportunities and fwiw - gold & silver selling below the cost of production will head that "value" list... later ~ (back to the bunker)

To: isopatch who wrote (3746)	11/8/2001 3:47:45 PM
From: NOW	Read Replies (1) \| Respond to of 36161

link please? Man that Roach is starting to sound like a writer for a bear forum/.

To: isopatch who wrote (3746)	11/8/2001 8:48:53 PM
From: Davy Crockett	Read Replies (1) \| Respond to of 36161

Thanks for posting that Iso, Great stuff! Stephen Roach has been unerringly accurate this past year. I think he is dead on "history tells us that the perils of deflation are exceedingly difficult to overcome by monetary easing. In part, that’s because deflation makes a given nominal interest rate more onerous in real, or inflation-adjusted terms. With short-term nominal interest rates sticky at "zero," any whiff of deflation -- a distinct possibility, in my view -- could quickly find the US economy facing real borrowing rates that are simply too high to underwrite sustained economic recovery Looking @ seriously reentering the Gold arena... especially my favs ndb.siliconinvestor.com (had to go play with the techies for the last 3 weeks) <ggg> Regards, Peter