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

To: lurqer who wrote (10936)	12/31/2002 8:57:48 PM
From: techguerrilla	Read Replies (2) \| Respond to of 89467

Hey lurq That article you just posted was the final straw. 2003 will be the fourth consecutive losing year for the stock market and many analysts on CNNfn insist it will be an up year. I have now decided to jump on this gold battleboat. I'm just curious how it could be done in a paltry IRA. All advice would be greatly appreciated. /john

To: lurqer who wrote (10936)	12/31/2002 10:15:37 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

we have a currency war coming between Dollar and Euro this will get wild today we approached $1.05 on the Euro, finishing at 104.9 all summer long, experts said that parity would be the limit not me I have said consistently, that we will see the Euro reach levels like $1.20-1.30 easily remember some fundamentals European Union has a combined trade surplus, which is slight, but a surplus this compares to a staggering US current account deficit in excess of 5% of USGDP EU has significant remaining gold reserves more than 15x what the US holds as collateral for our debt our US Federal debt is $6,200,000,000,000 next quarter, Congress will be forced to raise the debt limit I believe the US Gold reserves are down 60% from 1980 levels gold has been transferred on a massive scale from Europe and North America to China, India, and Asia this war will be monumental the Arab and OPEC world will gang up on us, support the Euro, and wage financial war against the United States when you think about it, the USA has waged a nasty and secret war for decades, all very pernicious we have forced countries to join our financial system, to invest in our debts, or else be left behind in our engineered inflation mechanisms I dont know who is more evil before 2003 ends, I expect OPEC oil to demand gold in payments the USDollar will get crushed in the next 2-3 years the decline will feed upon itself the consequences are frightening but predictable gold has little to do with Iraq, but that is the pablum most edible to the illiterate masses the press/media is full of effing morons / jim