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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (253330)	7/31/2003 2:45:46 PM
From: ild	Read Replies (1) \| Respond to of 436258

trotsky (GDP) ID#377387: Copyright © 2002 trotsky/Kitco Inc. All rights reserved so, that fraudulent number grew mostly due to "government-related expenditures and personal consumption". in other words, what increased was WASTE and EATING OF THE SEED CORN. i'd say it's nothing short of a disaster...even though the stock market temporarily doesn't seem to think so. the data however confirms that the fiscal and monetary insanity that currently reigns produces exactly the predicted effects: the economy continues to be hollowed out structurally, while the debt mountain grows and grows. the handful of analysts that fears we might see a surprise MCHV illiquidity event in the fall may well be right...the market won't be conned forever. note that the truly massive pump priming courtesy of the economic illitarates at the Fed has recently gone into unprecedented overdrive: click here ... 321gold.com at the same time, the ongoing fiscal catastrophe is speeding up...iow, the morons in charge of 'economic policy' are doing their best to ensure an economic disaster of epic proportions. Date: Thu Jul 31 2003 00:51 trotsky (september crude oil) ID#377387: Copyright © 2002 trotsky/Kitco Inc. All rights reserved watch that contract...it could soon break out to new life-of-contract highs. needless to say, if that happens, it would be a further nail in the alleged recovery's coffin. while i'm not entirely sure what is happening in this market, i know OPEC production as well as non-OPEC production continues to decline, while inventories continue to languish close to 30 year lows, and demand ( egged on by China ) keeps growing at its LT average. best of all: NOBODY is watching this market, or worrying about it. tbat makes me think a double top is unlikely...there's an energy crisis simmering right under our collective noses.