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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (31976)	5/6/2005 3:55:24 PM
From: ild	Respond to of 110194

Date: Fri May 06 2005 15:44 trotsky (pm stocks) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved yet another day when the pm stocks show substantial strength vs. bullion. confirming the theory that they have led the recent down move in gold, and have already discounted it - which means they're free to rise even if the PoG has more correcting to do ( not that it won't be a choppy affair ) . noteworthy also the change in intra-day character - instead of early strength being transformed into late day weakness, the opposite is now happening. Date: Fri May 06 2005 15:38 trotsky (@'kicking a**') ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved inadvertently, the Pentagon report on the Sgrena incident was published as a PDF, which allowed an uncensored version to be produced by simply saving it as a word file. one of the pieces of information that was censored in the original report was this: ..." there were no less than 15,527 attacks on the occupation forces from July 2004 to March 2005. In Baghdad alone, from November to March 12, there were 2,404 attacks." this is quite contrary to the official spin regarding how things are going in the place. the above translates to 65 insurgent attacks PER DAY. in short, it looks like the insurgency has gathered considerable strength in recent months. the war is further away from being 'won' than ever. it isn't getting any cheaper either - as the recent appropriation ( yet another $82 billion ) shows. this is also contrary to the pre-war spin that 'Iraq will substantially pay for its reconstruction itself'. in fact, none of the offical spin, both pre- and post war seems to contain even a kernel of truth. this does wonders for the West's credibility in the world. Date: Fri May 06 2005 14:52 trotsky (taxi fares in Iraq) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved apparently there's a taxi service in Baghdad that offers a taxi travelling the 6 mile stretch between Baghdad and the airport. in an armored vehicle plus escort of course. the fare? $35,000 for a one way trip. if you miss your plane, it costs another 35 grand to go back to Baghdad. in other words, the occupation is unable to control a 6 mile stretch of road ( which has long ago acquired the dubious distinction of being the most dangerous road on the planet ) - right next to the capital. this is all you need to know when asking yourself how well things are going in Iraq.