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

To: sylvester80 who wrote (4311)	8/11/2002 11:26:54 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

my point all along has been consistent, Perfect Storm evidence of inflation here and there evidence of deflation growing a perfect storm is in its early stages, right before your eyes and gold wins on both sides and the USdollar gets its nuts, its guts, its legs, and its soul COMPLETELY CRUSHED you MUST read Weldon's writing, standing in for Mauldin it is linked here in earlier post it is also linked on Drilling2 thread post a worldwide cyclone is not coming IT IS UNDERWAY it is deflationary on goods & services side it is threatening the energy side of the equation now with oil it is not any one president's fault several past presidents (in their ignorance) saw the Federal Reserve as a bottomless piggy bank we are seeing the REVENGE OF GOLD now, pure & simple decades of monetary abuse, currency abuse, abject economic crimes the last Administration with its Strong Dollar Policy took the distortion to levels never seen before I would love to have an honest private talk with Rubin and his 3 best friends better yet, be a fly on the wall during such get ready for a near total devastation of the world banking system the early earthquakes have already begun when I read $30B going to shore up Brazil banks, the images that came to mind were: - Tianamen Square in China with students standing before tanks - the Little Dutch Boy with his finger in an exploding dike - a 10-yr old boy with a SuperSoaker hosing down a burning house - Palestinian kids throwing rocks at Israeli halftracks Puplava's Perfect Storm is taking hold, taking no prisoners watch this autumn slice another 20-30% off Major Stock Indexes what I will enjoy watching is the Fed's Greenscrotum's desperation, his past failures exposed, his fight to inflate and inflate and inflate, the re-humanizing of this false press/media deity, and best of all... THE ABSOLUTE DESTRUCTION OF HIS FAILED LEGACY !!! the entire world will soon be frantic to seek out safe and profitable asset classes for a while Treasurys and EuroBonds will work but when the USdollar continues to sell off (this autumn) but when the imported price inflation escalates (Weldon mentions) but when commodity prices continue up (in progress) but when trust in America seriously erodes (in progress) the USTBond will begin to suffer gonna take a little while to unfold THEN GOLD TAKES CENTER STAGE (not yet) / jim