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


To: TobagoJack who wrote (36677)7/28/2003 7:51:22 PM
From: maceng2  Read Replies (2) | Respond to of 74559
 
TPonRr, and be ready for TeoTwawKi

Hi JC,

Could you point to a link where these terms are defined? I know you have done this probably several times, I need a refresher though, and failed to store the appropriate links. Please forgive this failing. Newbies may like to see the links too.

It's been great reading all the news from China on this thread.



To: TobagoJack who wrote (36677)7/28/2003 10:53:40 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 74559
 
dancing on a plank extended from the edge of the world now I see...

next trick: stand on one leg <g>



To: TobagoJack who wrote (36677)7/29/2003 2:10:21 AM
From: BubbaFred  Respond to of 74559
 
Links for gold and silver bulls:

Message 19155873

The Fed manipulation chart, and now with Jim Puplava's comments
financialsense.com

Don't forget the chart!

financialsense.com

And the source!

financialsense.com

Message 19155911

goldensextant.com



To: TobagoJack who wrote (36677)7/30/2003 10:27:07 AM
From: ild  Respond to of 74559
 
Global: BOSAP, PPS, and the Productivity Scam
Hong Kong: Realizing the Pipeline of Chinese "Goodies"

morganstanley.com



To: TobagoJack who wrote (36677)7/30/2003 11:12:27 PM
From: elmatador  Respond to of 74559
 
Why money paper is no good:

Sofa so good for a euro windfall
By Ed Crooks, Economics Editor
Published: July 30 2003 5:00 | Last Updated: July 30 2003 5:00


Those cash-strapped European governments desperate to fill holes in their budgets are getting a welcome boost from more than €13bn-worth (£9.2bn) of the eurozone's "legacy" currencies that still exist somewhere.


After the introduction of euro coins and notes at the beginning of last year the old currencies of the eurozone were swiftly withdrawn from circulation.

But the website centralbanknet.com calculates that there are €13.094bn-worth of D-Marks, francs, lire, pesetas et al still outstanding - tucked under mattresses, kept as souvenirs or lost down the back of Europe's sofas.

Much of that money is unlikely ever to be seen again by the authorities. Most of it, in particular the D-Mark - once in great demand as an unofficial currency in eastern Europe and Turkey - may be in the less than clean hands of people who are unlikely to turn up at central banks with a suitcase full of used notes.

Nick Carver of centralbanknet said: "One of the attractions of cash is that we don't know who's got it. But the idea that it's all due to people hanging on to it as souvenirs is quite unlikely."

Bank notes are claims on the central bank, and hence the government. If they will never need to be honoured, they represent a gain to the bank that can then be passed on to taxpayers.

Ireland and Italy have so far been the most aggressive in booking the profits through to the government's accounts.

Ireland has assumed that four-fifths of its missing punts will not be returning, and has delivered €234m; Italy has taken €605m, about two-thirds of its expected windfall.

But the country facing the biggest potential gain has not yet done anything about it. Germany still has €4.8bn-worth of D-Marks in circulation, but so far the Bundesbank has no plans to count them as profits.