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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (718)6/25/2002 8:44:37 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 89467
 
US DOLLAR ACTS LIKE THE STOCK ISSUANCE OF THE USA, INC.
ITS ECONOMY PROVIDES FUNDAMENTALS FOR THE STOCK (DOLLAR)

few seem to fixate on the dollar's fundamentals
the comparison to a very large company stock is good
but with ability to change laws, rules, regulations, not same
but it is certainly worth discussing openly
which reveals some extremely serious horrible fundamentals
it tells me that we are very very early in the dollar correction

the US$ decline will be a structural correction, just like the economy correction has been structural
anything else would be incongruous, given the liquidation that has taken on vicious consequences
this is gauranteed to get quite scarey
it will provide a real lesson for socialists and for those ignorant in economics and TRUEMONEY


the dividend yield (FedFunds rate) keeps dropping, which is bad for stock US$
the CFO (Fed Chairman) wants to raise that dividend, but cannot
a higher dividend would encourage foreigners to hold stock US$
earnings (Fed budget) are NEGATIVE, with federal debts growing again
revenues are becoming more heavily tilted away from stockholders (US citizens) as the trade gap widening
earnings have become flat among the serfdom stockholders (citizens), with zero household savings

and then dilution...
USMgmt (Fed Reserve) has been heavily diluting stock issuances every year
with a 35% dilution since Jan2001 (MZM money creation)

it gets worse...
with trade barriers, we have added costs to product (export) sales
with war footing, we have both inefficient R&D (military, security) and even bigger dilution in stock issuances (Fed debts, new dollars)

and further dreadful factors...
the serfdom class is up to its ears in debt also
individual serf and community groups (corporations) are getting killed (bankruptcy) at an increasing rate
this hurts the ability of the USMgmt (USTrez) to collect revenue (taxes)

and worst of all...
the USMgmt (Fed Res) has secretly sold 50% of the corporate treasure which collateralizes its massive $6,000,000,000,000 debt
this debt will never be repaid
the serfs are largely unaware about the sales of gold

let's not forget the deadwood employees...
its countless employees (burokrats) trip over each other to get things done, even important things like preventing murderers from hurting the serfs
burokrats cannot be fired, even if they dont work at all
and R&D workers (Military) continually order expensive toys that use lots of fuel, and toilet seats that can withstand nuclear attack, as well as the world's best nuts & bolts

WE ARE A BANKRUPT NATION, AND DONT KNOW IT

our collective arrogance prevents us from seeing clearly
foreigners have begun to sale this US$ stock in earnest
the new trend is not ending, it is beginning

we have considerable assets, but most are debt-ridden
our bankruptcy are a company has been legislated with mandated spending
the Board of Directors (USCongress) are a pack of self-serving pocket-lining criminals who continually grandstand, waste money back in home areas, and work part-time
the few who are competent and well-meaning dont have a clue how to manage its finances
with so much forced charitable spending (social programs), and huge pension systems (federal, military, judicial), not much money is left for good R&D (research grants, jobs training, SBA loans)


and its mortgage generator (FannyMae) that helps serfs own their own land is about to explode and go bust

and about its gold collateral...
since it sold so much of the gold to back its stock shares (dollars), the value of that gold held by foreigners will have to sharply rise in value, since now it has become more rare in fortifying other stocks by other intl corporations (nations)

Paul from the Great White North, our dollar be in deeeeeeeeeep shit
your dollar will put us to shame soon

I am slowly building the sense that the USdollar might soon enter into a very serious freefall
with Central Banks attempting to stave off huge big moves
currency momentum can become incredibly powerful and quick

the action here at USD= 107 to 108.5 is now beginning to resemble the action in the 110-112 interval in early June
it cannot hold up ANY gains
it tends to give it up quickly intraday
but it is early in this new 107 - 108.5 range

I keep reminding guys that early summer is gold's LOW SEASON
we are doing well here during our worst season
I just want to tread water here

every once in a while, fundys are revealed
like last Thursday with gaping trade account balances
just what would precipitate a bounce in the dollar?
stock money flow acts like a flowing river
currency acts like a jetstream in the upper atmosphere !!!

its momentum is collosal

I think golds are consolidating
the longer they consolidate, the more reliable the breakout will be
relax, and enjoy the summer
whatever little summer you northern muskrats get, that is
/ jim