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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: gold$10k who wrote (2610)	10/28/2003 5:17:40 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 108664

yup, I love the old technical saying on breakouts first it sticks its head out checks if the coast is clear then comes the full body out the window on the way down more like a bouncing ball I believe the move to DXY=88 will scare the piss out of both USGovt officials and CNBC soon, questions like ... 1. how far will the US$ decline ? 2. how far should the US$ decline ? 3. what benefits have seen from the US$ decline to date ? 4. what exactly will stop the US$ decline ? 5. what are the risks to US Economy in US$ decline ? 6. if Asian currencies rise, will our imports rise in price ? some effing turkey was on today, by name of Lawrence Meyer he claims that consumer price inflation has been and will remain calm maybe by next spring he will eat crow, and a yard of my shit by then, Asian imports will cost more and the CPI will have to be sanitized (with great difficulty) heck, they can deem the Asian currency runup as an external singular event, and remove it from the CPI they will not be able to diffuse the effect on the Import Price Index imagine the cost implications if the CPI rose to 5-7% in coming years NOW THAT IS A FEDERAL BUDGET SHOW-STOPPER they are not clued in on the absent monetary and industrial mechanisms they are far too pre-occupied by "faith in USTBonds" and too diverted by "full faith in obligations" this will become tragic USTBonds are sold with promise of non-default but nobody seems to talk about lost value in foreign hands due exclusively to declining USDollar they will, since Asians will talk about it publicly as their vast $1000 billions in USTB are eroding in value all coming to a theatre near you this winter and next year / jim