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


To: Mannie who wrote (19817)6/2/2003 11:23:27 PM
From: Jim Willie CB  Respond to of 89467
 
GOLD WILL RISE - AND STAY THERE, by Alex Wallenwein

gold-eagle.com

some clips:

As the euro continues to penetrate the world central banking systems, and as the price of gold rises for lack of coordinated international support for low gold prices (demonstrated for the first time by the Washington Agreement), and as the dollar falls in value while international investors and central banks "get the heck out of Dodge", dumping dollar-denominated assets for gold and euro assets, any conceivable reasons for (a) holding dollars, and (b) continued artificially low gold prices simply disappear.

For, the only past reason for non-American central banks to support a low dollar-gold price in the first place was their need to preserve the dollar's ability to perform its function as the world's reserve currency, warts and all - until just recently.

The euro's creation, and successful launch and dispersion, have changed all of that.

The US, through its perverted 'neo-con' and 'communo-liberal' leadership, can conceivably lean on other countries militarily in order to dissuade them from joining the euro club of nations (a la Iraq), but that strategy has its limits.

Will the US attack or at least threaten Iran? Possibly. (Iran has already threatened to replace its dollar reserves with euro). Any other terrorist-supporting OPEC nations are also fair game - but that's where the buck stops. Is the US going to attack Europe? Highly unlikely. Is it going to attack Russia or China? Don't think so.

/ jim



To: Mannie who wrote (19817)6/3/2003 11:26:19 AM
From: stockman_scott  Respond to of 89467
 
s1: Thanks for posting the article on Google and its founders...

It's quite a company...I have Google as my default homepage on my laptop and use the site all the time to quickly and easily do research and find things on the web. The founders have attracted some great talent and venture capital backers and my hunch is that the company will go public sometime in the next year -- let me know if you can get some pre-IPO shares -- it could be better than winning the lottery. Yet, success in the technology world can NEVER be taken for granted...Google has now caught Microsoft's attention and this was discussed in a recent cover story that Forbes did...

forbes.com

All Eyes on Google
By Quentin Hardy
Forbes
05.26.03

<<...With luck and brains, the search service has won the hearts and minds of millions and built a booming business. Watch out: Microsoft wants in...>>



To: Mannie who wrote (19817)6/3/2003 11:38:06 AM
From: stockman_scott  Respond to of 89467
 
Google 'World
______________________

google.indicateur.com

A quick and easy way to find any type of information about the world according to Google..;-)