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To: marek_wojna who wrote (85224)5/8/2002 5:00:26 AM
From: d:oug  Respond to of 116825
 
Marek,
House of Cards versus History Repeating Itself
is no contest,
the next House of Cards to fall is already being build
as we wait for the current House of Cards to fall.
but,
It may be different this time because of Gata Bill's Army,
if before the current House of Cards falls, he can generate
enough exposure to the unsafe structure of what is called
money, credit, debt, derivatives or simply the finance system.
If so, then unlike the past where After the Fall all the evidence
of what caused The Fall vanishes into thin air, as people's money
loses value, as if into thin air, and people when they look at The Fall
of their monies worth see nothing but thin air, and not realizing
that the thin air is really that absent of what you mentioned
in your post "currencies were not backed by gold" is that void
they are looking at which explains the WHY of The Fall and then
becomes the HOW to prevent the next History Repeating Itself.
so,
Just maybe the current GATA message will get enough exposure,
and see the Light of Day, and become The Light, so folks will be
able to see this House of Cards for what it is, and what it is
is what causes it to fall, money creation without value creation.
(also)
You have already seen this, but others should find it good reading.
SI: Booms, Busts, and Recoveries
From: Jay Chen
May 7, 2002
Hi DJ, found HIM! ... and looks free ...
I am happier now. Chugs, Jay
money.msn.com
By Bill Fleckenstein
5/6/2002
Contrarian Chronicles
The bottom?
Wait until most techs are under $3
When market cheerleaders proclaim...
... before this year is out,
I think all of technology is going to be taken to the woodshed,
and at some point it will probably happen en masse,
instead of just a couple of stocks at a time...