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.

Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Little Joe who wrote (23874)	11/12/2003 12:10:35 PM
From: TrueScouse	Read Replies (1) \| Respond to of 39344

Joe: Not only is the situation getting worse but there are major divisions in the US military and the administration about how to deal with it. Bush has created a nightmare -- no security in much of the country for either civilians or military, a US army that has never been properly trained for policing, and probably only about a quarter of the troops that would be needed to do that anyway. I read recently that at any one time, New York City has about 10,000 cops deployed -- whereas given the need for maximum 12 hour shifts and the fact that half the military are not combat troops anyway, the US has only about 2 or 3 times that number on duty at any one time to police a huge country like Iraq. And as the article pointed out, at least the New York cops can understand the language the locals are speaking -- albeit only just! What a mess. And yes, this continued situation is bound to provide support to the POG. But as many others have said, the major factor is still the weakness in the US dollar and the likelihood it's going to fall much further. As well as the clear signs of future inflation as raw materials prices go through the roof. The CRB Index is a proxy for wholesale prices, and as an indicator it tends to lead consumer prices by about 6 months. JMHO. Best, Howy