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

To: stockman_scott who wrote (49627)	4/7/2002 1:09:49 PM
From: Jim Willie CB	Respond to of 65232

if Arab-Iran embargo hits, then $50 oil in flash OPEC has only half its stranglehold, compared to 1973 but whether you die in a wrestler's throat attack in one minute or two minutes... it dont mattah a $35 spike in oil was seen in 1991 from Iraq Gulf War that is equivalent now to $42-43, my guess expect at least $40 oil if these angry towel merchants lock us out and probably a spike over $50 the S&P will suffer a nasty 15-20% hit I find the US-Russian alliance to be shaky at best sure, nice words, lots of hugs, tip a Shtolly next to Jack Daniels but excess capacity ready to hit the market? NOT how about a fresh new pipeline thru Chechnya? or one floating across the Caspian Sea? or across now peaceful Afghanistan and Pakistan? funny how we always must adjust previous spikes by an inflation ratio even though INFLATION IS DEAD ?!?!?!? get ready for bigass bigtime blowyoursocks inflation coming to a store near you in 2003-04 maybe starting in 2003-04 but expect hyperinflation sometime for certain inside 2003-06 I mean hyperinflation worse than late 1970's gold is signaling a storm confirmation is a move in gold to 350-400 / jim