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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Gary H who wrote (18173)	5/3/2003 9:02:42 AM
From: sea_urchin	Respond to of 81266

Gary > Good stuff Yes. Thanks. It was lucky to find a chapter from Mr Griffin's book and so soon after you gave me the link. > the picture becomes clearer, although not pretty How can the picture be pretty? Historically, when other nations have gone the debt/fiat money route the scene has always ended in disaster. This time, however, they are trying a new trick. They are attempting to bring all countries and all currencies into the net and are also closing all bolt holes (ie alternative investments) so there's no way anyone can escape. Clearly, the situation is far more complex and terrifying than if it was just confined to the US. Since the USD is the only official "reserve" currency and since most transactions, particularly oil sales, are denominated in US dollars, the US is free to dominate and eventually take over the economy of the world. And it is now clear from the new geopolitical moves towards an "American Empire", that this is very much what the US desires. It's only now that I am beginning to see the light in what's going on and why. Previously nothing seemed to make sense --- but now it definitely does as the various pieces in the puzzle fit together. Preposterous as it may seem, what we are looking at is, in my opinion, an attempt by the "Paper aristocracy" to take over the world. > So where is the safe harbor in this environment?? Clearly, there is none. Perhaps I should restate that. If one can find a niche, something that offers value and the possibility of "security", then it is conceivable one could be lucky. But to find such an opportunity I would say one also has to be very smart and very diligent. Otherwise, one is confined to those classes of "investments" which, directly or indirectly, relate to the value of the paper money (ie interest) and/or its amount (ie inflation) --- and in the present circumstance of impending deflation (ie fall in value of goods and assets) on account of oversupply, or potential oversupply, and lack of demand. This is also accompanied by increasing unemployment for the same reason --- oversupply and lack of demand.

To: Gary H who wrote (18173)	5/3/2003 11:47:43 AM
From: sea_urchin	Read Replies (1) \| Respond to of 81266

Gary > where is the safe harbor in this environment?? I can't say about a safe harbor but certain price changes are very interesting and one might, as a speculator, take advantage of them. 1. S&P is just breaking through its long, down, resistance line. Stochs still going up. Technically, this could mark the end of the bear market and, in the circumstances, it would not be unreasonable to expect a big jump upwards with an associated big increase in "confidence". treasurestatefutures.com 2. USD turned down very sharply to confirm the downtrend treasurestatefutures.com 3. Euro in clear uptrend treasurestatefutures.com 4. Sterling looks like it's on its way up again treasurestatefutures.com 5. Gold has turned up and it's possible the previous uptrend will be resumed. (Damn, and I'm out!) treasurestatefutures.com 6. Silver has also turned up again treasurestatefutures.com Opinion: For what it's worth, I think the US stockmarket, currencies and the precious metals are all responding to inflationary pressures in the US. In the circumstances, I wouldn't be surprised if the Fed raises interest rates.