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


To: re3 who wrote (19107)5/14/2003 10:44:40 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 89467
 
why not interested in oil shares? BECAUSE GOLD WILL EXPLODE

we have just finished the long wave#1 correction
now we get the enormous long wave#3 upleg
the MZM money supply has been out of control since Jan2001
all international central banks are debasing their currency
the USDollar quantum level decline has opened door to higher gold
terrorism is picking up

if I am wrong, and the economy shakes off $34 trillion in debt and zooms onward & upward, then we will have significant price inflation

if I am right, and the economy struggles mightily, then we are set for an inflationary recession

either way, GOLD WINS

you refer to a single day
I dont care about the next 2-4 months

/ jim



To: re3 who wrote (19107)5/14/2003 10:51:03 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 89467
 
update from my Pakistani buddy at work on Middle East
my man Ahmad was born and raised in Karachi Pakistan
he moved to Riyadh Saudi Arabia when a young teen
he came to the USA for college, and has stayed since then
he has no accent, bright as hell, and is a fair man
he is fluent in both Urdu and Arabic
he has taught me much

he said before, "either US Forces move toward Syria and Egypt, or toward Iran and Pakistan"
now he has concluded we will shift our adventures east toward Iran and Pakistan
we discussed the why's and wherefore's
the gain in going west is small, since no oil in either Syria or Egpyt
the cost in going west is huge, with Syria housing Hamas and HezBollah, both lethal groups with a long deadly track record, not to mention the cultural center Cairo being a hotbed of Islamic maintstream and extremist thought
the gain in going east is huge, since much oil in Iran, and we might intercept delivery of the nuke by Pakistan to Islamics
the cost in going east is moderate, since Iran's army is powderpuff, but Paki has 120 million people and that would be messy indeed to rid their country of "terrorists"

when I asked specifics about his knowledge inside Iran, and internal affection & loyalties, he said perhaps 70-75% of Iranian citizens do not want an Islamic Republic with a ruling ayatollah and mullahs
he believes most Iranians greatly dislike the harsh Islamic law

onto to Saudi...
he said "shit has finally hit the fan" in Saudi
he and I have each expected this for a long time
he said it is widely known, widely expected, and very much anticipated that the House of Saud will fall from their corrupt monarchy ruling Saudi Arabia
he has thought that King Faisal (more pro Islamic) took over from King Fahd long ago
he regards them as criminals, lazy, debauched, and somewhat lackeys to the west, having sold out long ago
he thinks the day is sooner than most believe for a regime change there

he believes of the 5000 or so extended royal family members, with their 2000 princes, about 50-50 would like to see an Islamic Republic installed in Saudi Arabia
he believes the great majority of extended royal family members do NOT contribute money to Al Qaeda, nor approved of their actions, since AlQ represents a tremendous threat to the House of Saud and their opulent way of life
he believes perhaps a 5% extreme fringe among the extended royals contribute to AlQ, and do so in large amounts

he said the US Military was kicked out of Prince Sultan Airfield, no question about it
he guesses that USGovt was warned if they attack Iraq, they must get the hell out of Saudi Arabia
but US press & media put a positive spin of "voluntary departure" on the event
our presence has been a large destablizing force to King Faisal
he believes our current occupation of Iraq will serve as an equivalent, and perhaps greater, destabilizing force both to the Saudi Arabia regime and the region generally

Ahmad believes the USGovt intends to take over the entire oil-rich Middle East region, to manage its production, to ensure its availability to free markets, and to administer the wealth to the resident population much like a beneficent dictator

but the cost will be escalating violence, continued terrorist attacks, and resumption of attacks on US soil
soon, very soon
/ jim