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.

Strategies & Market Trends : Charts & Scans -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Jordan who wrote (2847)	4/30/2003 10:05:52 AM
From: Jeff Jordan	Respond to of 5125

I sold a little MSFT ...fed, increased short term treasury actions, that can't be good. I see a competion for people who can repay loans. I now refuse to borrow. Deflation is upon us.

To: Jeff Jordan who wrote (2847)	5/1/2003 7:23:01 AM
From: Jeff Jordan	Read Replies (2) \| Respond to of 5125

More and more people are saying the bear is dead? Some money has obviously come back to stocks in recent weeks however, going forward is more wishful thinking IMO. If the market moves another 10% It may very well be the peak for the year or this will be one of the best years ever? I don't think the economy has or is turning that fast right now. But it seems they sure want us to believe it. We've gone from extreme uncertainty to some feeling of certainty in one quarter? more like 60 days. I'm not certain at all. I see government high spending...but we all know that can't continue much longer this pace? Hope of growing revenue and income doesn't come by taking on debt. CNBC now touting growth stocks? Whats' that pe's over 100? more debt subtracting higher proforma formula doesn't equal increased profits even if that is the false hope. Dressing pigs isn't an art or craft...it's fraud. Expensing options is fraud! sitting tight the remainder of the week.

To: Jeff Jordan who wrote (2847)	5/1/2003 11:24:46 AM
From: Jeff Jordan	Respond to of 5125

Dow daily channel....economy not strong enough yet, valuations a problem. in-god-we-trust.com

To: Jeff Jordan who wrote (2847)	5/12/2003 7:07:56 AM
From: Jeff Jordan	Read Replies (1) \| Respond to of 5125

Sun May 11, 2003 Fundamental New Development in Gold Author: Jim Sinclair -------------------------------------------------------------------------------- The leadership of the US Federal Reserve and the European Central Bank recently made a watershed announcement that signals a major shift in monetary policy. No longer is control of inflation the marching order for their monetary policy. Monetary policy is now tasked to increase inflation by expansive, inflationary monetary policy. That means that in the US, the activities of the Federal Reserve Open Market Committee will include instructing the New York Federal Reserve Bank's trading department to purchase government securities on their behalf from the commercial banking community. When the commercial banks receive bank wires for those securities from the Federal Reserve, new money is created in the system equal to that transaction.This is governor Bernanke's "Electronic Money Printing Press" at work. The Federal Reserve is also saying that there is little possibility that the "Discount Rate" will rise in the future nor will "Bank Reserve Ratio Requirements" be increased as both of these negatively affect the creation of new money.http://www.jsmineset.com/s/NewsArchives.asp?ReportID=61418&_Title=Fundamental-New-Development-in-Gold -=-=-=-=-=- May 11, 2003. Long Con: Mother of Bank Runs Confidence games take many forms. Generically, they are swindling operations in which the perpetrator profits himself by taking advantage of the confidence reposed in him by the target to create some sort of false illusion that causes the victim to act against his own interest. In the most elaborate and successful confidence games, or "long cons" as they are sometimes called, the "con artist" often presents his illusion so convincingly that the mark refuses to believe that he has been fooled despite the later revelation of overwhelming evidence to the contrary. By its very nature, fractional reserve banking -- particularly as developed under the gold standard -- amounted to little more than a con game. At the same time that they loaned out a substantial percentage of total customer gold at maturities considerably longer than sight, bankers had to assure individual depositors that their own gold remained available on demand. Loss of confidence led to bank runs that caused bank failures when sufficient gold could not be mustered on short notice. More recently, gold banking has produced a new con game: the dishoarding of physical gold by central banks through leasing and swaps while at the same time keeping it on their books as if still in their vaults. Their principal marks were gold mining companies, many of which were tricked into large forward sales of future production by declining gold prices primarily caused by these unseen and unreported physical supplies hitting the spot market. goldensextant.com =-=-=-=-= fgmr.com