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B4 The Bell Moonday March 29, 2004


Guest yobob1

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TASHKENT, Uzbekistan (Reuters) - Explosions in the Uzbek capital Tashkent and ancient city of Bukhara have killed 19 people and were aimed at splitting the U.S.-led anti-terror coalition, senior Uzbek officials said Monday.

 

"This has been committed by the hands of international terror... That's the hallmark of the terrorist acts we have already witnessed abroad," Foreign Minister Sadyk Safayev said. "Attempts are being made to split the international anti-terror coalition."

 

Prosecutor General Rashid Kadyrov said 19 people had been killed and 26 hurt. Uzbekistan is a close Washington ally in the U.S.-led "war on terror" in neighboring Afghanistan.

 

Uzbekistan is a totalitarian dictatorship ... and a close ally of the U.S.

 

"Birds of a feather flock together ..."

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Thanks Brian!!

 

Interesting chatter about BOJ this weekend...intervening/not intervening.

 

It seems to be a critical pivot point ... leading to bond yields going up, US dollar falling and ultimately very bearish for the US.

 

I'd be curious as to folks thoughts on this. What speculate you?

 

Thanks,

 

Stinky

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the scary thing is the bulls have Zero Fear

 

Mania in action

and they have been rewarded for it for a full year

This is a buying orgy I have not seen in a very long time

all on the back of rising rates.

Too much today too early but then WTFDIK we probably wont see a negative tick all day.

 

Hiding in my metals waiting for the madness to burn itself out :ph34r:

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Interesting longer term perspective on the Japanese Yen.

 

http://www.goldismoney.info/forums/showthread.php?t=9273

 

"Slowly but surely, in a subtle way, Japan is pushing, seemingly off-hand, to replace the dollar holdings of East and S.E. Asia with their yen. Where the US once had to go through the lengthy process of first extending loans and then flooding the markets with US debt paper, Japan, in order to achieve reserve currency status for its yen, has it easy. Today Japan needs nothing else to do, than to substitute the dollars held in the public and private reserves of the East and SE Asian nations with their fiat yen. Lots of yen! And lots more still will be needed till reserve status will have been reached. Japan will also have to prepare for it that all these yen will not return to the mother country. Just imagine, the power and prestige the newly acquired reserve currency status will bring Japan.

 

Slowly Japan is building its yen empire, not in the least worried about the mountain of dollar paper in its coffers. At some future date, all these dollars will easily be written off with the stroke of the pen against the major advantages the reserve currency status will offer. And the more dollars Japan will have accumulated, to more Japan will be able to hold the USA to ransom."

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