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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: smolejv@gmx.net who wrote (35415)6/26/2003 8:35:54 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hi DJ, More dirty thoughts, from your corner of the unfaithful world ... what will CB say;0?

Message 19062894

Chugs, Jay



To: smolejv@gmx.net who wrote (35415)6/26/2003 9:41:41 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Really dirty thoughts received today via e-mail:

Hi Bill,

Looks like your theory that the underground economy would move towards euros as they have "500 euro" notes vs. only "100 dollar " notes; thus making cash transfers easier and smaller is pretty valid.

Mac

From the Dow Jones Opinion Journal:

"Almost all euro bank notes have traces of cocaine, according to a study by German scientists," reports London's Daily Telegraph. The scientists measured the notes in January 2002 and again in August. "Three per cent were found to be contaminated with an average of 0.4 microgrammes of cocaine particles, just days after the euro's launch, and this figure soared to 90 per cent in seven months."

That explains why the dollar has been losing value against the euro. It's not that the dollar is low; it's that the euro is high.