SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : A Jackass, his PAL(indrome), and GOLD -- Ignore unavailable to you. Want to Upgrade?


To: Eva who wrote (442)1/28/2003 10:04:41 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 1210
 
first euros, then gold
the euro is likely to sell off when it hits $1.10 or so
but it will resume toward $1.17, its original level

the rising euro will encourage imports into Europe
from Asia, from China (I have learned to think dually)
exports from Europe will soon be a major problem
their fragile economy cannot handle the higher currency
but their attraction of foreign capital to EuroBonds will help to drive down interest rates

SOMETHING MUST COUNTERACT THE UTTER STUPIDITY OF DUISENBERG AND HIS HAPLESS JERKWEEK HIDEBOUND GOOMBA FLAKE FORCE OF ECB CENTRAL BANKERS
those fools still regard inflation as a risk

by this time next year, Europe will be in the throes of recession
they will lower rates to match the Americans
they will be talking about Monetization efforts

and gold will be pushed upward by all three major continents

/ jim