SI
SI
discoversearch

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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (36449)7/24/2003 3:59:29 AM
From: EL KABONG!!!  Read Replies (1) | Respond to of 74559
 
Hi Jay,

Speaking of Zimbabwe, did you see that article where whats-his-name (Zimbabwe President) is mandating that all companies located in Zimbabwe (especially the miners) reserve 20% of all publicly traded stock for natives of Zimbabwe? Nice try, but... There is no restriction on the (Zimbabwe) owners of any stock to prevent them from selling once they get the stock, so the 20% figure (in theory anyway) might never be reached or maintained. The story sounded crazy to me, but I've been assured that it is true. Any comments?

KJC



To: TobagoJack who wrote (36449)7/24/2003 6:19:43 PM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
Jay, I am betting with the Empire and Uncle Al KBE and his dollar. I am holding a stack of them [in pixelated form] because In Al I Trust and in the USA I trust. Not that they are especially trustworthy, which they are not, but that they are better than a swarm of bad options.

I am betting that when the holders of dollars which have been sliced and diced and return no interest have given up and gone shopping for investments, gold, land, consumer goods or anything else and the Y2K bust is over, and the next bubbles are burgeoning, Uncle Al [or successor] will raise interest rates again as sure as the sun rises each day.

Then, we will see who is over-exposed with debt and what assets might be for sale.

I am betting that there isn't going to be a great inflationary boom as per the 1960s, 1970s and 1980s. Uncle Al and co will keep things steady and put the squeeze on when the time is right. He is NOT going to have his last 20 years of work poured down the drain while he's on the shift. The currency will hold its value and remain the world's pre-eminent means of exchange. Until the Q takes over of course, which is under development. Give it a few years.

Mqurice

Q372 G361 .... not far apart, but one is paying a dividend and earning big profits and enjoys a fattening bank account and huge sales to a barely touched market.



To: TobagoJack who wrote (36449)7/25/2003 2:57:11 PM
From: pezz  Read Replies (1) | Respond to of 74559
 
I'm still about 40% in cash as i work off my recently gained fear

<<Pezz, Did you hold these <<NTES @ 8.20>> >>

LOL as you well know if I had you would have heard about it many times by now......8^(

<< with your preference for Jeeps, have a gun.>>

Cody has a population of 8800 I'm probably the only one without a gun.

<< Lumacom ...(which I had also invited you to buy >>

Ahem....As I recall when asked what exchange it traded on you told me it wuzn't for amateurs.... also...8^(