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 : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: SilasSan who wrote (12399)	6/9/2003 12:29:07 PM
From: Bucky Katt	Read Replies (1) \| Respond to of 13094

You hit on an interesting point, and that is what happens if the US dollar is no longer viewed as the "official" world reserve currency. The Euro would seem to be the logical choice, and this could dovetail in a valuation drop of US real estate, which we are discussing here>http://www.siliconinvestor.com/readmsg.aspx?msgid=19015079 As you say, if even a small amount of overseas held US dollars are redeemed, it could be big trouble. Of course, none of this may happen, but everyone should at least think of possible outcomes..

To: SilasSan who wrote (12399)	6/25/2003 10:01:19 AM
From: Bucky Katt	Read Replies (1) \| Respond to of 13094

Looks like the bastards had plenty of hidden weapons> UK troops 'killed by civilians' It was unclear who fired the first shot at the police station Six UK soldiers killed in Iraq were shot by civilians after weapons searches in homes turned into a bloody showdown, according to local residents. And Prime Minister Tony Blair told the Commons tension between British troops and Iraqis reluctant to disarm could have led to the killings. The soldiers' deaths could lead to the deployment of thousands of extra troops to Iraq as an urgent review of troop numbers, tactics and equipment gets under way. British commanders in Iraq described the deaths as "unprovoked murder". Mr Blair paid tribute to the dead soldiers, saying they had been doing "an extraordinary and heroic job trying to provide a normal and decent life for people in Iraq". All of the dead belonged to 156 Provost Company, part of the 16th Air Assault Brigade, based in Colchester. British forces are hunting the killers of the soldiers, whose bodies were found at a police station in a village near Amara, about 100 miles north of Basra. Mr Blair said more details should become clear in the next 24 hours, but a "background" of problems in the province could have contributed to the deaths. "There is a background to do with the attempts by British forces to make sure that the local population who regularly carry machineguns and small firearms were disarmed of those weapons. "There had been problems in relation to that ." Iraqis were angry at the way soldiers were searching their houses for weapons, said BBC correspondent Clive Myrie. British troops and local leaders had agreed a contract for searching houses that outlined how troops could search homes once they had given a set amount of notice, he said. While locals said the contract had been broken as no notice was given, defence officials have denied the claims. After following the soldiers to the police station, the Iraqis say the British fired the first shots on a peaceful demonstration. This provoked the Iraqis to fire back and storm the police station in anger, Clive Myrie said. "Scores of people attacked the police station, not just four or five, not just a dozen, so it may be difficult to point the finger of blame," he added. Lieutenant Colonel Ronnie McCourt told Reuters news agency: "This attack was unprovoked. It was murder." Tactics examined British forces in southern Iraq were on a heightened state of alert following the incident, he added. The Iraqi National Congress condemned the attacks and said the "overwhelming" majority of Iraqis were grateful to the coalition for removing Saddam Hussein. "We give our deepest sympathies to the families of those soldiers who have died giving hope to a nation that has suffered for so long," said the congress's Ahmad Chalabi. The biggest organisation in Iraq representing Shia Muslims also condemned the killings, but said the presence and behaviour of foreign forces was provocative. The deputy leader of the Supreme Council of Islamic Revolution in Iraq, Abdulaziz al Hakim, told the BBC people objected in particular to troops searching houses and women. In a separate attack in the same area, seven British soldiers were injured when their helicopter came under fire. Two of the casualties were seriously injured. Defence Secretary Geoff Hoon told BBC Radio 4's Today programme there were "many thousands" of troops which could be sent to Iraq if deemed necessary. He stressed that the 19,000 troops used as cover for the firefighters' strikes were no longer needed for that role back in the UK. Despite the attacks, the minister said it was important not to suggest southern Iraq was now a problem as there had been "remarkable successes" in the British occupied zone. The review is likely to reassess the British decision not to wear helmets or flak jackets and to maintain high-profile patrols in an effort to win friends in the local communities. The incidents mark the heaviest losses to enemy action suffered in a single day by US-led coalition forces since the war in Iraq was declared largely over on 1 May. It is also the heaviest loss of British life in a single hostile incident since UK forces entered Iraq at the start of the war in March. news.bbc.co.uk _________________ What is the answer?