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

To: dospesos who wrote (15950)	10/19/2002 1:05:37 PM
From: Davy Crockett	Respond to of 81271

In a word WOW! Great stuff;) Thank you for sharing Regards, Peter

To: dospesos who wrote (15950)	10/19/2002 5:52:35 PM
From: sea_urchin	Read Replies (1) \| Respond to of 81271

Dear Brother Thomas What a pleasant surprise having you drop in on us again. Thank you for the kind wishes and I trust you and yours are also keeping well. I haven't see or heard of Bro Tom since he virtually vanished from here a year ago. I think he got upset with me but I'm not sure because he didn't say. Perhaps he felt I was paying the middle-class ladies too much attention instead of, maybe, "pour impressionner les jeunes garçons". >I am convinced the wave is still operative for general price levels, wages, and interest rates which drive everything else including gold and stock equities and, of course, bonds Knowing your intense interest in the Long Waves for so many years, who am I to argue with your opinion. Of course, I do remember your forecasts of deflation/anti-inflation. However, what I see at the moment is inflation co-existing with deflation --- one bubble co-existing with another which has popped and, of course, CRB going up. So, I imagine one can find whatever one chooses to which seems to be the beauty of it all --- the best of times and the worst of times, we are all going straight to Heaven, we are all going straight to Hell. >Being an impatient sort, I fully expected an early bottom in 1998 At my age I no longer think about being impatient or early bottoms but I do understand what you are feeling and I sympathize. >So in my view we are due on course in the relatively deflationary terminal down phase. If it weren't for fiat money and fiat credit we'd be a lot worse off as in the 19th century and the 1930's. That's true but, IMO, it's the fiat money which messes up all the predictions and, of course, the fact that the US consumer is still prepared to spend what he hasn't got. >still have a love for the yellow metal whose time is coming That's the general feeling around here but, like me, it's sure taking a long time coming. >There is some value in old Elliott's waves if properly done Ah, there's the rub. How to do them properly? Whatever properly means. >I'm very happy that your nation's prospects seem brighter than when we last chatted. Or is that just for public relations and politics? I wish I could say the same for yours. In fact, in my life I have never seen the US as universally disliked as it is today. Or, perhaps I should say, its government. SA is like a patient with cancer, on chemotherapy. As long as the West keeps pumping money into the ANC's pockets, everything is rosy. Otherwise, there's no doubt that the same future awaits all whites here as did those in Zimbabwe. And, I should say, most of the blacks, too. Maybe it does, even with the "therapy", but like the cancer patient, we are "in denial" concerning our predicament. Anyway, Bro Thomas, that's enough from me for now. May the Long Waves continue to be long and may there always be three up waves and two down when you do EWT. Keep well Aurum vobiscum