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

To: Maurice Winn who wrote (44493)	1/10/2004 11:04:19 PM
From: TobagoJack	Respond to of 74559

Hello Maurice, I think your figuring may turn out wrong. Your figuring that <<… my US$ earning only 0.94%>> is wrong, because the purchasing value of your US$ is substantially down since January 2002, and so you most certainly did not earn 0.94%; try negative 25%, give or take. You need to use a figuring system such as this achamchen.com to help you figure correctly. <<So, for now, my theory about what will happen is wrong. I thought 2 years would be heaps of time to tidy up the mess and get things back on track. Okay, I'll wait another year.>> … 2 years, enough? You are an optimist. Try 7 years, while we fight the war of hijacked religions, and then we hit ACF Mike’s demographic wall, beyond which may be the war of resources, which will no doubt end all wars, once and for all times ;0) Within the next 7 years, we will have the pleasure of witnessing dissipation, confiscation, redistribution, evaporation, and revolution on unprecedented scale – you know, a mix of the Argentine, Zimbabwe and the Japan solutions, on a scale that can be only described as ‘Taking Gigantica’. <<If I'm wrong [as I've been on interest rates] then it's no big deal. QCOM has, along with the rising tide, done as expected and NZ$ assets are very happy too. … let us assume that you will be wrong, it then depends on what you mean by “no big deal”. I believe QCOM will be fully taken care of in the Taking Gigantica and chopped down to size, and besides, QCOM will not likely distribute anything remotely worthwhile, and so what is it worth? I figure QCOM is worth as little as the Metropolitan Museum of Art. <<NZ$>> ? On this you may do well, but, and this is a big BUT, only if you take the trouble of putting your home base currency in the way of probable harm, speculating it on overseas adventures, else you actually do not gain much, especially given that your home currency interest will be driven down to 0%, and your home base cost will be driven up by domestic punters and international speculators, until it all blows up … you know, Japan, USA, … and a long list of casualties. So, Maurice, be brave, and may the Force be with you in the Year of the Monkey :0) Chugs, Jay