To: lurqer who wrote (10798 ) 12/25/2002 1:18:54 PM From: Jim Willie CB Read Replies (1) | Respond to of 89467 2003 will be THE GRAND WAKEUP YEAR for American investors I believe many distinctly different types of shit will hit the fan the dollar will experience major cracks, with sudden fast declines threatening our financial markets, as foreigners continue their departure, leading to a rise in price inflation, perhaps more than bargained for, and fully justified by Govt officials who have long lost control, as they claim our exporters will benefit (except we dont have any left) the stock market will suffer its 4th consecutive down year, with major cracks exposed, falling seriously as the dollar declines (hand in hand), with foreigners abandoning (not just selling), as pension underfunding and stock optioning become prominent topics of concern, and future earnings expectations widely are criticized as a joke the Trez bond market will not crash, but something almost as bad, it will erode and give off gas, with creeping rising interest rates justified by Govt officials justify it as the typical cost of a recovering economy, only we wont have any recovery, since so much of the sustained activity was based upon mortgage refinances more big unexpected failures will occur, with major banks top on my most likely list, producing 3SIGMA events (forget 10SIGMA, 3 is plenty to disrupt) which will throw the markets into continued chaos an energy nightmare will return, just like mid-1970's Puplava identifies a triple source in Venezuela, Iraqi, and harsh US winter I dont think it will require even a harsh winter, since a normal typical winter will do the job in stressing the unprepared system Venezuela is already in place Iraq will soon join as we naively expect we can contain the violence layoffs will mount, month after month, as companies continue to find no other means of remaining in business, let alone producing a profit gonna be an explosive year confidence in Wall Street will not return, in fact it will deteriorate further, much further, as prosecutions and lawsuits proceed on a seemingly neverending course opportunities abound since so many cling to naive baseless expectations in the strength of capitalism and govtal potential to stimulate the only trouble is that capitalism is not at work the other trouble is that govtal powers are now impotent the utter powerlessness will be stripped naked for all to see it wont be pretty GOLD will be the release valve for govtal and economic failure / jim