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


To: abuelita who wrote (23621)7/27/2003 8:38:42 PM
From: laura_bush  Read Replies (1) | Respond to of 89467
 
Is this man a gold bug or a visionary?

Excerpt:

Now, here's a scary paragraph from an article by John
Berthelsen in Asia Times. You can find it at www.
atimes.com. He quotes an analysis done by an expert
with Credit Lyonnais Securities Asia in Hong Kong by the
name of Christopher Wood:

"Wood predicts that by the end of the decade there will
no longer be a possibility that the world's central banks
can control the situation, and there will be a truly
massive devaluation of the dollar. 'The view here is that
the U.S. dollar will have disintegrated by the end of this
decade. By then, the target price of gold bullion is U.S.
$3,400 an ounce.'"

From "Weimar Republic"

reese.king-online.com