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


To: crdesign who wrote (10367)12/13/2002 9:53:38 AM
From: Jim Willie CB  Respond to of 89467
 
USDollar breaking down (Tim, it was Yogi Bullah)
struggling to hang onto 104

quotes.ino.com

we had some 103 handle prints on the clownbuck
what I find most remarkable about the gold surge yesterday
was that it happened on the NYCity Watch !!!
it still needs plenty of follow thru

so far the dollar is only gaining versus the Euro
the euro is now worth $1.02+ which is the summer high

we may attempt to engineer a lower more stable dollar
but Japan and their pathetic Yen will not sit still for that
in time neither will Europe sit idly by
the consequence to Europe would be more difficulty in exporting
we are soon going to witness all three (US$, Euro, JYen) print new money like no tomorrow, competing with each other in pace of currency printing production, not to be outdone by another, or else lose exporting capability

the result will be a simultaneous push on gold, the "other white meat"
I mean the "other currency", the "real money"

/ jim



To: crdesign who wrote (10367)12/13/2002 10:10:01 AM
From: lurqer  Read Replies (2) | Respond to of 89467
 
"When you reach a fork in the road, take it."

Geo. Steinbrenner?


Right sport, wrong participant.

Yogi. Berra - wordsmith and one of the best bad ball hitters ever.

lurqer