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


To: Alan Whirlwind who wrote (16139)10/31/2002 11:30:22 AM
From: Alan Whirlwind  Read Replies (1) | Respond to of 82140
 
We are told today that the most disaffected Arab countries when it comes to US policy on Israel and Palestine (i.e. Arab countries where the populations dislike Americans the most)are Saudi Arabia and the United Oil Emerates. WHAT A JOKE. These countries are known for their highrolling sheiks who will blow as much as 80 million on a roulette table in one trip over.

How much money did these mother theresa's donate to help Palestinians in their camps so they could have a better go of it. That's right. Why give away tip money for the blackjack table when you can get some sympathetic American to send in their pizza money to keep a Palestinian or two fed and clothed in survival mode?



To: Alan Whirlwind who wrote (16139)10/31/2002 12:55:49 PM
From: sea_urchin  Respond to of 82140
 
Al >Dow and gold to cross?

That's a very tall order.

Looking at the chart, the present value of the Dow/gold ratio is 8400/316 = 26.6. In my opinion, judging from the historic values, 10 is a reasonable possibility, 5 would be amazing --- but 1 --- to my mind that would signify the end of the world as we know it.

sharelynx.net

I have to say that I frequently look at this chart and also think about its underlying significance. As I see it, whatever the ultimate number on the downside, the message of the chart is overwhelming in that, if ever there is a time to invest in gold, it is now ---- and also that one must be very wary of the general market.