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Gold/Mining/Energy : An obscure ZIM in Africa traded Down Under -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (167)8/2/2002 11:06:18 PM
From: TobagoJack  Respond to of 867
 
Hi Jay, <<P.S. I forgot to ponder about the details of the 'natural trade'. Any ideas?>>

Not knowing better, nor the unknowable, I just bought more paper gold via clicks of the mouse, sending digits to Central Hong Kong, via glass fiber bundle routed through London or New York.

Chugs, Jay



To: TobagoJack who wrote (167)8/2/2002 11:19:39 PM
From: TobagoJack  Respond to of 867
 
And on <<On CB’s pondering, I respond 5.x% interest rate on 30-year T-bill is too stingy, because as the USD gurgles down for all the right reasons, the market rate will rise, and with long bond, catastrophic mark-to-market capital loss will occur, destructively affecting the balance sheet even as the income is not touched.>>

The USD denominated income, if translated to a possibly de-pegged and rising HKD (if re-pegged to a basket of currencies), will be less, adding to the injury of the kabooming balance sheet.

Too many unknowns and unknow-ables.

Chugs, Jay



To: TobagoJack who wrote (167)8/3/2002 2:56:25 AM
From: LTK007  Read Replies (2) | Respond to of 867
 
<<Asteroid could hit earth in 2019: scientists
LONDON (AFP) Jul 25, 2002
A potentially devastating asteroid could strike Earth in 2019 … between two and four kilometres in diameter, had a one in 60,000 chance of hitting Earth on February 1, 2019 … urged the government not to ignore the threat ... could wipe out most of the human race is 100 percent>> Ever see Hitchiker's Guide to the Galaxies? This asteroid is apparently an earth removing devise as we are apparently in the way of a new intergalactic highway. So it goes. Annihilation is a walk in the park:) GD.



To: TobagoJack who wrote (167)8/3/2002 3:42:33 AM
From: smolejv@gmx.net  Read Replies (2) | Respond to of 867
 
Hi Jay: It will of course be an a) incomplete and b) practical aswer.

Re >>I forgot to ponder about the details of the 'natural trade'. Any ideas?<<

I can send you a beautiful postcard or two of places where you/i/we could live. And you send me/him/them in return some beautiful ideas on how to (at least) keep/(if not) augment the money.

IOW we may already be trading in a practical, natural fashion. Our problem may eventually turn out to be our power and phone bills. But I guess they'll still take those washed-out-green-coloured pieces of paper with ... er ... pyramid and some strange eye ... you know what I mean.

btw my next post is on Helmut Schmidt in the current-week ZEIT. As you know, Schmidt is former German Cancellor and one of the three (or is four by now?) people at the top of the very respected ZEIT weekly. IOW, what he and ZEIT have to say has some substance, Germany-, Europe- and eventually (I hope) world-wide.

RegZ

dj