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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: sea_urchin who wrote (20891)	5/7/2004 2:42:27 PM
From: philv	Read Replies (1) \| Respond to of 81158

Searle, I would wait a few days/weeks to see how this all settles out, you might get a different reading then. I am very suspicious about what the market is telling us right now, and everything could change quickly. The DOW has held up pretty good in face of all the inflation evidence while gold has collapsed. Gold tells one story while the market tells another? I am equally suspicious about the jobs, and how sustainable they are. I am suspicious and wary, because of all the imbalances and bubbles which need to be corrected. What I don't know is the time frame. Something has to break, but when? On a related subject, I observe how over time, sentiments and events which once affected equity markets, the price of gold etc. have been so dulled that they no longer seem to affect markets. Every suicide bomb once caused waves. And lately, all the shenanigans in Iraq, the torture of prisoners, the obvious on-going war and loss of life have no apparent affect. How quickly things change!

To: sea_urchin who wrote (20891)	5/8/2004 2:45:48 PM
From: The Vet	Read Replies (1) \| Respond to of 81158

Searle you commented "They created jobs somewhere and that did the trick. " financialsense.com From Jim Puplava's Storm Watch Update from Jim Puplava May 7, 2004 the job numbers we get each month from the U.S. Department of Labor, which are another statistical work of fiction. Last month’s great jump in the job numbers was a real statistical miracle. The Department bases those numbers on two surveys. The first survey is known as the household survey and consists of a sample survey of 60,000 homes. The other survey is conducted by the U.S. Census Bureau and includes 160,000 businesses and government agencies. Last month nonfarm payrolls increased by a measly 7,000. After seasonal adjustments and statistical massaging, that number was magically transformed from a mere 7,000 to a magical market-busting 308,000.