Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: lurqer who wrote (16675)	4/8/2003 6:03:09 PM
From: Jim Willie CB	Read Replies (5) \| Respond to of 89467

I have disagreed strongly with two incorrect Mauldin views in spring 2002, he stated flatly that the USDollar would remain strong or come down slightly, but in no way weaken to any considerable degree the US$ was at 110-112 at the time I strongly disagreed, pointing out the worsening situation with the trade gap, the expected higher federal deficits, and growing international shunning of the dollar as a reserve, with an EXTREME WILD CARD WITH ARAB PETRODOLLARS heading to Europe in summer 2002, he stated that the US Economy would remain strong enough to maintain a Muddle Thru for another year or two, but in no way weaken to any considerable degree I strongly disagreed no brag, just fact Mauldin does not take bold stands I do I thought the US$ would careen to parity, then later after a rest, turn below parity, with the Euro being the primary beneficiary I stated openly that the US mfrs dont make much anymore Mauldin repeated even in the last couple weeks how the lower dollar will aid US exporters WHAT US EXPORTERS ??? so far, got that right, and Mauldin got that wrong the US trade gap has risen in the face of a 10% US$ decline while the US Econ has held up better than I expected, it has also weakened more than Mauldin expected but furthermore, the US Econ has shown signs of exhaustion that he has indeed acknowledged, like seeing consumer spending weaken he was late in the game to notice the exhaustion of 0%/0 down car sales he is now late in the game to notice gradual depletion of fiscal and monetary stimulus, PERIOD he has also noted the expected comedown in corporate earnings from higher producer costs he openly speaks about eventual recession, covering his ass I love the guy, and learn from him always but his view on PPTeam seems utterly naive and demonstrates far too mainstream acceptance he seems not to believe anything controversial he seems not to subscribe to any notions that undermine waving the US Capitalism Supremacy flag (not meant as patriotic dig) the PPT is obvious at work he is more a longterm analyst I doubt he studies the overnight futures markets like Puplava does I wonder whether Mauldin even can identify the "flagpole rally" phenomenon he might not bother with such mundane activity sorry, but Mauldin is on error #3 in my book / jim