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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (28183)1/29/2003 10:43:50 PM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
<The fact that George's program will hurt your interest is incidental, for the sake of progress, peace, harmony and light.>

Huh? My interest in US$ is, I agree, pretty damn tenuous and I am not as relaxed as I was a year ago. But on the other hand, the 25% loss [in NZ$] is in. But on the other hand, the 35% gain [in US$] of our Kiwi assets is in the bag. Net - net = about all square.

Might Q! gaining ground very quickly [though not in share price, which is okay until such time as I might wish to sell].

I feel he is representing my interests just fine. So is Uncle Al, defending the US$ against predators, who are betting against the Fed. There is an old cliche, 'Don't bet against the Fed'. Well, in some respects I am, but in assuming the US$ will remain the world's pre-eminent currency, ahead of gold and all other existing currencies, until the cyberspace replacement is invented, I am betting with the Fed.

Mqurice