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

To: Wharf Rat who wrote (48976)	3/26/2002 10:59:34 AM
From: Jim Willie CB	Read Replies (3) \| Respond to of 65232

when (not if) the USdollar slides, inflation will be rampant again I expect this to occur before 2005 all bubbles come undone when inflation is imported via trade debt, the game changes radically then gold and silver will run like you have never seen before in your brief lifetime "I dont think so" requires translation "my assumptions would need to be shattered" they will be how many inflation hedges do you know of ? if the dollar slides, where is the real money stored ? what has real money been since 3000 B.C. ? we all assume the dollar game and paper money game cannot falter why the hell not ?????????????? have you noticed the volatility in world financial systems has accelerated, not quieted, since 1972 ??? nobody wants to point the finger at the monster cause it is abandonment of the Bretton Wood link to gold every single event has been met with rapid infusions of LIQUIDITY in fact, the public now believes that LIQUIDITY is the ultimate cure for problems !!! when in reality, adding liquidity increases the size of the bubble check out the events: 1984 Mexican Peso bailout 1985 Savings & Loan bailout 1987 Stock Market bailout 1997 Asian Meltdown bailout 1998 LTCM bailout 2000 Y2K preparation 2001 Stock Market bailout late 2001 AlQaeda NYCity bailout each time the system was flooded with more money but the money is untethered, unbacked, and not real it is paper the entire US economy is a BUBBLE it is 100% dependent on the USDollar reigning supreme that will not always be the case when the dollar retraces, the game becomes undone totally undone I expect to see gold well over $1000 per oz someday and silver well over $100 per oz someday silver is a miracle metal it is NOT plentiful on earth it has almost no substitutes if anything, silver is now replacing some rare metals like platinum in certain applications you aint seen nothing yet / jim silverback gorilla