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Pastimes : A Jackass, his PAL(indrome), and GOLD -- Ignore unavailable to you. Want to Upgrade?

To: mt_mike who wrote (75)	1/10/2003 3:23:28 PM
From: Jim Willie CB	Read Replies (3) \| Respond to of 1210

yes, agreed on that developing sequence last week I said something similar to that wont attempt to dig that post up, no need but I expect the EURO will (and has been) be the initial alternative to the US$ imho the Arabs have already turned to the EURO while shunning new US$ investments (mostly Trez) so the EURO is the alternative for now but as the European Union is seen as a fertile deflation playground, then the EURO will come down I expect that will coincide with a brief attempt to see a counter-trend upmove with the US$, but it wont work THEN GOLD GOES BALLISTIC, making a $100 move in a few months the Arabs specifically and Islamics generally will ensure this two-stage transition away from the USDollar their redirected petro-dollars will have a marked effect so many folks regard currencies as responsive to economic conditions well, they are certainly the same folks cling to only one of several critical forces currencies also respond to trade gaps (negative flow), to federal deficits (new supply), along with the standard economy (demand) I get so tired of flimsy arguments about the dollar being the best prospect, still the only viable, home of the biggest economy, standard bearer to greatest innovation, blablabla it comes down to capital flows, and supply & demand balance the dollar is perhaps fatally doomed on all three counts GOLD will always be the ultimate currency, even though a decade or more might pass while it is relegated to bullion ballast for clippers on the high seas and for floating NYCity banks the coming Currency Devaluation Raceway is what I eagerly await it will be magnificent, as each continent kills its currency in a grand round robin contest, while passively encouraging gold to rise in each round, on the opposite side of the financial teeter tawter the gold rise from such universal debasement will be the ultimate veto of the fiat currency and debt-based Keynesian Sham Standard policy but liberals and monetarists alike will not see it that way even after it slams them in the face they wont be capable of admitting 50 yrs of devastating errors several years from now, they will again win a victory over GOLD but not before an effing volcano grabs the world's attention in this hallmark decade glad to see you have missed your ass and heady thoughts I engaged a liberal loonigan on the main GoldJack thread this week then finally put him on IGNORE my posts are drawn over there usually to reply to ScottStockFace's outstanding newshound efforts somehow I felt compelled to engage in a political debate I wanted to hear the mainline from the loser liberals their arguments and planks are as thin as 1/4" plywood in a conscious effort, I will spend time here more just keep the ball rolling, guys I will if you will, and thanks to Uncle Soros some nasty bronchial & nasal crud going around the country several good friends are stuck with it, from Ohio to Pitt to Boston I tried to get it, by sticking my tongue down this girl's throat last week, but my constitution must be far too strong and sturdy all I felt was a little larynx tickle for 18 hours must be all the cardio vascular workouts, rugged lungs well worth the tongue wrestling, I must say, I must say!!! she had a sore throat, but an intact deeper throat the risk was worth it a man's gotta do what a man's gotta do / jim