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

To: orkrious who wrote (66946)	7/27/2006 12:53:56 AM
From: ild	Read Replies (1) \| Respond to of 110194

kitkat@loss of freedoms -- trotsky, 17:21:56 07/26/06 Wed i have caught myself at times, pondering whether i should actually hit the submit button on certain comments. in the end i always did, but the mere fact that one is beginning to think about the faceless bureaucracy of the State watching one's steps is a strong sign that things are definitely NOT right anymore in the world. the fact of the matter is, these days anyone could be snatched and dispatched into a dungeon, never to be heard from again. it should be clear that when the State arrogates such sweeping new powers to itself, it will eventually misuse them on a large scale. i have no doubt that the black lists are ready for use in a drawer somewhere - just as certain legislation was obviously ready long before it got implemented - they just waited for their Reichstagsbrand , an ominous parallel if ever there was one. HK@oil and the dollar -- trotsky, 17:00:25 07/26/06 Wed i agree - also, when looking at oil prices and the dollar, one mustn't forget that it's easy to put the cart before the horse. after all, a pretty large part of the oil price increase is actually due to the WEAKNESS of the dollar. to say that the dollar strengthens because oil rises ignores that oil rises in part because the dollar weakens. there is in the end a very important fundamental difference between the dollar and oil: the former can be created with a keystroke at whim, in any quantities, the latter has to be found, drilled, pumped, transported, etc., and is not available in infinite quantities. the report's conclusion that the major currencies will likely remains stable vs. each other because EVERYBODY wants a weak currency strikes me as a correct assessment of the situation. however, ALL of these fiat currencies will imo continue to be devalued against gold, at varying speeds.

To: orkrious who wrote (66946)	7/27/2006 3:25:15 PM
From: ild	Read Replies (1) \| Respond to of 110194

@MDG -- trotsky, 13:21:11 07/27/06 Thu MDG actually got DOWNgraded upon reporting record earnings, record low cash costs, and a new record high in net cash on the balance sheet. guess WHO did the downgrading? rrriiiiight - CIBC! CIBC's gold analyst is one the best medium term contrary indicators in the business...few people manage to be so consistently wrong. he has some competition from Prudential, but clearly this man is tops. if you had listened to him you'd have e.g. sold GG at $6 (split adjusted). and that was at the time not the FIRST downgrade of the stock he had issued! Prudential has the distinction of urging people to sell NEM at $16, and again at $20, also quite an impressive record. @pm stocks -- trotsky, 13:04:25 07/27/06 Thu well, without a doubt today's action looks short term bearish. NEM and AU both reported, and two days ago MDG, and in spite of impressive earnings reports, all these stocks are getting slammed and drag the rest down with them. that this happens on a strong up day for the PoG isn't a good sign at all. this is one signal, that regardless of what other indicators are saying, one should NEVER ignore. stops are advisable.