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

To: regli who wrote (60003)	5/1/2006 11:19:10 AM
From: Oblomov	Respond to of 110194

He seems to imply that the dollar will go up or remain stable by virtue of his predictions of commodities falling and capital flows preferentially coming to the US. I'm not entirely convinced, but one can't simply dismiss Miller's opinion.

To: regli who wrote (60003)	5/1/2006 2:55:12 PM
From: pogohere	Read Replies (1) \| Respond to of 110194

If he's wrong about liquidity, and the sources of same remain viable and/or the central banks continue to print, he'll have missed the boat altogether. From Don Coxe latest "Basic Points:" "What has evolved is history's fastest-ever sustained growth in Real, Effective Liquidity. Despite tightenings by most central banks worldwide, despite flat or even inverted yield curves, liquidity has been lush. In all previous liquidity cycles, once the Fed began tightening, supply from other global sources also became constrained. Such legal constraints as exchange controls, or requirements to notify local central banks of currency shifts prevented large-scale rapid transfers of liquidity globally. The equivalent of worldwide canal systems has been constructed and maintained 24/7."

To: regli who wrote (60003)	5/2/2006 8:15:58 PM
From: shades	Respond to of 110194

Barclays Must Show Offshore Acct Data To UK Govt (you keeping up with those offshore data havens Regli - where did you say you worked again? I think you dodged it last time - regardless of your secrets - my original point still stands - YOU cannot HIDE Neo - Blake and Avon dodged the bullet for awhile - but even with the LIBERATOR they eventually died too eh?) DOW JONES NEWSWIRES Barclays PLC (BCS) will be forced to surrender details of its customers' offshore accounts after the U.K.'s Revenue and Customs won a legal battle that it believes could yield GBP1.5 billion in unpaid taxes, The Financial Times reported on its Web site Tuesday. "This is very much an industry issue and our understanding is that other institutions have been approached by the Revenue," Barclays said Tuesday. Revenue and Customs called the ruling "a landmark decision," saying it expected to yield more than in previous cases. Tax officials will search Barclay's records for information on U.K.-domiciled individuals who haven't declared income on money they have offshore in such places as the Channel Islands, the FT reported. "The HMRC will obtain a massive amount of information (as a result of this ruling) which they believe will allow them to collect a significant amount of tax," said Tom Rowbotham, director in the tax and risk resolution team at Deloitte. According to data obtained from credit card records, only 19% of Barclays' customers with U.K. addresses and cards linked to non-U.K. accounts filed tax returns, and only 18% of those filing returns who are U.K. residents declared foreign income, the FT reported. (END) Dow Jones Newswires May 02, 2006 18:52 ET (22:52 GMT) Copyright (c) 2006 Dow Jones & Company, Inc.- - 06 52 PM EDT 05-02-06