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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (67508)	11/21/2003 12:24:16 PM
From: Real Man	Read Replies (1) \| Respond to of 94695

usagold.com It's the white collar folks who suffer the most during hyperinflation, since the blue collar folks have trade unions to protect them. So, if this hits, industrial production will be coming back. Excesses have to be corrected, and this is one way for Mr. Market to do that. Unfortunately, this way is the most painful way, but this is what you get when you have a totally irresponsible Fed. Hyperinflation in Germany has led to Hitler. Hyperinflation in Yugoslavia has led to Milocevic. Are our freedoms well protected? That will be the next question to ask. Unfortunately, it seems to me, we are firmly on the path to hyperinflation, which is now scheduled to arrive some time in 2005, unless the Fed sobers up and allows the markets to crash. Will it? I bet it won't.

To: robert b furman who wrote (67508)	11/21/2003 12:39:34 PM
From: Real Man	Read Replies (1) \| Respond to of 94695

Nobody misses these jobs. Unfortunately, the US economy is now only 20% manufacturing economy, 80% service. This means that 80% of jobs are white collar jobs. I think that's pretty good overall, to have that. But... How would you beat 5% trade deficit, with 20% of the economy? Naturally, it becomes 25% of the manufacturing part, a horrible number. So, if the dollar declined 30%, and it did nothing to cure this deficit, how much should the dollar decline to get the trade deficit to become a trade surplus? Worse yet, as the real decline starts, how much cummulative trade surplus is required to balance cummulative trade deficit in the ballpark of 3 Trillion dollars? And why did we have low inflation for so long, with the Fed printing like crazy? The answer is, 2/3 of the printed cash is outside the US. As it was, and still is, getting outside the US, we get low inflation. When it comes back, we'll get hyperinflation. What is required to keep the Asians buying it? Hmm... I don't know. But pissing them off is not a good solution, I think.