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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: freechina who wrote (1500)	10/24/2005 1:36:58 AM
From: TobagoJack	Respond to of 218261

now we are talking the same language! love the read ... very gloomy, energizingly so, and so full of promise:0) excellent ! if we can agree on QCOM, we are all set :0) but, wait, I remember, you are not a fan of gold fire, yet.

To: freechina who wrote (1500)	10/24/2005 3:44:03 AM
From: energyplay	Respond to of 218261

Counterparty risk is not directly relate to the decline in the value of the US Dollar. A lower usually makes it easier to repay debts....unless you are short gold or silver. REFCO: Right now Refco looks like a simple deception by one man of moving a huge IOY from one pocket to another, every quarter. A few other people were involved, but not many. I will guess that there was not a systemic fraud in REFCO accounts - they had been cleaned up - all the losses had been rolled into ONE GIANT LOSS, like people collect string or rubber bands in a huge ball. I expect that the president expect that he could or he had to keep rolling this big loss over. What he might have done, is find a way to make the loan origin look much more legitmate, and find a way to clean it up before or at the time of the IPO.