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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: sea_urchin who wrote (15939)10/17/2002 5:05:40 PM
From: Gary H  Read Replies (2) | Respond to of 81239
 
Thanks Searle, that was a good article. I'm a believer in the long wave and Kondratieff cycle and the downward cycle will just have to run it's course. I don't see any sign of hitting bottom yet. The music stopped when Corp. America stopped borrowing. They knew the cycle was heading down. The banks are hurting since they lost that income. One of the signs of that is how many times in month your entice to take on another credit card. One of the few ways they can make a buck.
What I'm watching for is the day when Corp. America starts borrowing money and hiring. Till then I don't think there are many equities to look at.
Do you suppose that as much as the US like to get into situations on their own, do you not think that in some cases (the rest of the world knows the US foreign policy, mindset, whatever you want to call it) situations are created to draw them in where it would most times be better if they didn't?
Until this thing corrects, it's going to be good for gold.
Looks like a buy opp right around here.