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


To: MulhollandDrive who wrote (52570)6/3/2002 11:21:46 PM
From: Boplicity  Read Replies (1) | Respond to of 65232
 
ya, it will be months away too before we realize a bottom has happen.

b



To: MulhollandDrive who wrote (52570)6/4/2002 12:35:31 AM
From: Jim Willie CB  Read Replies (2) | Respond to of 65232
 
it is about the dollar and gold, Emma
dollar is a directional weather vane pointing now away
gold is a threatening barometer in confirmation

the threat is to all assets based in financial paper
we are in a deflation phase still
the liquidation and devaluation has much further to go

a derivative blowup is weeks away, at most three months
mark my words
it will be gold first, then bonds and currency
AND IT HAS NOTHING TO DO WITH ISLAMIC TERRORISM
that is only icing on our own homebrewed bomb !!!
it took the USA 30 years to build this financial bomb

word is circulating all around Manhattan now
small investors will be last to know
since Bush Administration is handsoff non-interventionist, this meltdown is written in stone now

prepare for a wicked storm
because the big players surely are
invest in gold, wait a few years, buy a foreclosed ranch
/ jim