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Strategies & Market Trends : Coming Financial Collapse Moderated -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (766)5/30/2002 10:12:10 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 974
 
so... how's real eaststate?

thinking of shopping for a decent place to live... any suggestions?



To: TobagoJack who wrote (766)6/5/2002 10:46:19 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 974
 
USTBonds should diversify into Euro, SwFranc, and Gold

the day has finally come for Euro reliance
the EU now has a trade surplus
the EU has 15x as much gold per Euro than the US per dollar

the movement across the globe should gradually execute a transition toward some balance in their banking reserves
this balance would do well to seek balance across true hard assets
only Gold and Silver qualify
but in the transition period, the Euro would be good

imho the Euro is still in experimental stages
is it now backed by a basket of European currencies?
what promissory contract does a Euro imply?
not sure

any way you cut it, the Euro is gaining on the US$
and this is a longterm good thing
/ jim