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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Silver Super Bull who wrote (21508)	11/7/2002 5:39:19 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 36161

the entire world economy hangs on the US economy the entire US economy hangs on the overburdened US consumer the majority of US consumers are running out of confidence, racking up added debt, often surviving thru REFI's and extended Mastercards, struggling to maintain a standard of living that would be impossible without debt and foreign savings, fears for their jobs yeah, I see them pulling in spending in a big way watch the Retail Index (RLX) I expect it to suffer a Tech-like correction this Christmas will mark clearly the Double Dip that hack economists have been (politically correctly) dismissing this upcoming holiday season will eliminate all doubters I am unyielding in my criticism of their horrendous performance they have compromised their entire craft under political and client pressures, even as they have adulterated it with heretical notions which are repeatedly disproven watching the tight inexorable grip of recession is like witnessing your prized horse descend in quicksand in front of your own eyes oy, a recession is coming hire Paul Revere and his horse the Fed finally sees it coming, to its horror next comes the USDollar decimation but with it comes a stubborn refusal for the trade gap to budge AT ALL, ONE IOTA which will in time invite a Dollar Crisis Sinclair expects a freefall by June 2004 that sounds about right to me who am I to say otherwise? / jim