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

To: TobagoJack who wrote (27878)	1/16/2008 4:08:50 AM
From: Maurice Winn	Respond to of 217551

<serfs are cheap relative to gold, for now > and go on voting for staying in that condition, year in year out. New Zealand is to hold a general election this year and the serfs will again vote to remain in serfdom. They have borrowed megaumptybillion from Japan to reprice their houses and thereby vote themselves rich, while re-electing socialist wealth distributors decade after decade. That's handy for me really, because if they voted to be wealthy instead of poor, I couldn't afford to employ them to do all the things I want done. When they have to repay the loans on depreciating houses, there is going to be an adjustment to millions of expectations in NZ. The impact on the NZ$ will be very large = it could halve easily enough vs gold, US$, yen. House prices might halve in NZ$. Incomes might drop as unemployment takes off. Rents will drop too as people crowd into cheaper accommodation leaving more expensive places empty while the over-stretched speculative owners/landlords wonder how to close the financial gap yawning before them with a depreciating house. 2008 might not be lucky for a lot of people. I hope to be able to employ a good number of them. Mqurice

To: TobagoJack who wrote (27878)	1/17/2008 4:11:26 AM
From: Rolla Coasta	Read Replies (1) \| Respond to of 217551

I predicted it correctly in that Hang Seng has reversed its course today but heard the toilet flushing action in the past few down days was due to HSI call-warrants being called off at a particular strike price which i couldn't imagine the gamblers lost it all by going long too early in HSI call-warrants and were forced to sell everything. Very rare to see such a thing in the US market but I believe it is time to buy Hang Seng now on both hands. All in .. way too oversold