Guest Posted January 12, 2004 Report Share Posted January 12, 2004 Some kind of $ rally could be starting I like silver's relative strength--some kind of $ rally could be starting--as least today it didn't tank silver and gold held in there but if the rally persists gold could correct--silver may just go sideways--but forgetting the $ both could still go up on the U.S. the debt theme combined with world-wide inflation worries. they could take the place of the dollar as a raison d'etre for the PM rally. Check out beans and grains-they wuz screamin today! Link to comment Share on other sites More sharing options...
5thelement Posted January 12, 2004 Report Share Posted January 12, 2004 Roger Arnold on TFNN.COM(Tom O'Brien) is talking about an article being released discussing China starting it's reminibi re-valuation as early as THIS Quarter! If true, this will mean US$ is too low versus Euro, Gold, Silver and cause a short term whiplash of the markets... Tom O'Brien thinks it's bogus just another GoldMan Sucks article to gyrate markets. Roger Arnold thinks it may be for real... Can some stoolies pls search the WWW for more info.... I'm still at work but listening to TFNN.COM... Link to comment Share on other sites More sharing options...
wndysrf Posted January 12, 2004 Author Report Share Posted January 12, 2004 Disk Drive Mania getting more out of control. STK now up 17% AH, trading north of $32 Link to comment Share on other sites More sharing options...
Hypertiger Posted January 12, 2004 Report Share Posted January 12, 2004 Everything must keep moving up forever at this point...any return to 2000-2002 action will be lethal I'm afraid to say...The FED did not chop rates from 6.5% in 2001 to 1% now for the fun of it... Link to comment Share on other sites More sharing options...
DrStool Posted January 12, 2004 Report Share Posted January 12, 2004 From Takachi on IDS- The public will tolerate corruption as long as the economy is good. As energy prices percolate through the economy and the GDP growth cast no benefit down to the huddled Wal Mart masses, things like O'Neill and Iraq and (insert evil plot here) will be latched onto as reasons to dump the bastards. The public will tolerate corruption because the public is corrupt. It has been co-opted by the establishment mentality of manipulative narcissism over altruism, profligacy over thrift, expediency over integrity. There is going to be a reckoning. It will come too late for most of us. Link to comment Share on other sites More sharing options...
The brown one Posted January 12, 2004 Report Share Posted January 12, 2004 Aren't you looking at this rather pessimistically? Think of the job creation possibilities! I wonder how many jobs could be exported to Mars? In ten years time?There won't be any left--all gone to India. Link to comment Share on other sites More sharing options...
Hypertiger Posted January 12, 2004 Report Share Posted January 12, 2004 Mark: Awesome opening today!!! As for the accidental bombing of Yorkshire...soon you'll be reading about the accidental bombing of O'Neill's house. It seems as though the Treasury Department would like to have a word with said former Secretary regarding how it came to pass that some secret government documents would up in the hands of a writer. This poor bastard is going to get hung...big time. While I was glad he exposed the truth, I couldn't believe he did so with a box full of government documents. That's just asking for it. Can you say Treason? When exposure of Government lying (Highest form of treason) is treason kiss your country goodbye... Link to comment Share on other sites More sharing options...
Pee Brain Posted January 12, 2004 Report Share Posted January 12, 2004 Roger Arnold on TFNN.COM(Tom O'Brien) is talking about an article being released discussing China starting it's reminibi re-valuation as early as THIS Quarter! If true, this will mean US$ is too low versus Euro, Gold, Silver and cause a short term whiplash of the markets... Tom O'Brien thinks it's bogus just another GoldMan Sucks article to gyrate markets. Roger Arnold thinks it may be for real... Can some stoolies pls search the WWW for more info.... I'm still at work but listening to TFNN.COM... roger said goldman sachs reported it. Link to comment Share on other sites More sharing options...
Hypertiger Posted January 12, 2004 Report Share Posted January 12, 2004 When, if ever, has debt financed consuption led to sustainable economic growth? WTF am I missing? All the time...the last 45 years at least... 16 years before the Great Depression also... Link to comment Share on other sites More sharing options...
Pee Brain Posted January 12, 2004 Report Share Posted January 12, 2004 In ten years time?There won't be any left--all gone to India. we will grow an investor class as there is phenomenal wealth here. we can benefit by investing in those overseas companies and economies with growth prospects. others have benefitted from our economy in the past... those stuck in "USD terms" will get thumped. Link to comment Share on other sites More sharing options...
agent.5 Posted January 12, 2004 Report Share Posted January 12, 2004 where is the OUTRAGE? From who? educated folks who went to school for about 20 years who learned that to do well mean to regurgitate whatever the professors said. uneducated folks who believe that life for the next generation will be nirvana once junior graduated from college. poor folks who believe that buying lottery tickets is retirement planning. very rich folks whose job description is to sell stock options. working folks who work 80 hours a week and don't even have enough time to sleep and doubtfully can think straight. mutual fund managers who collect 6 to 7 figure salary by literally opening mails and buying at market using the theory of random walk. politicans who collect from the very rich who cash out their options. chariable organizations who collect from the very rich who cash out their options. homeless folks who are transparent within communities across the country. unemployed folks who live off refis and credit cards. daytraders who is flat at the end of each trading day. older folks who is planning on wearing diapers again. younger folks who is wearing diapers. teenagers who is murdering others for a pair of Nike. Link to comment Share on other sites More sharing options...
Ned38 Posted January 12, 2004 Report Share Posted January 12, 2004 The public will tolerate corruption because the public is corrupt. It has been co-opted by the establishment mentality of manipulative narcissism over altruism, profligacy over thrift, expediency over integrity. There is going to be a reckoning. It will come too late for most of us. Word Link to comment Share on other sites More sharing options...
wndysrf Posted January 12, 2004 Author Report Share Posted January 12, 2004 Roger Arnold on TFNN.COM(Tom O'Brien) is talking about an article being released discussing China starting it's reminibi re-valuation as early as THIS Quarter! If true, this will mean US$ is too low versus Euro, Gold, Silver and cause a short term whiplash of the markets... Tom O'Brien thinks it's bogus just another GoldMan Sucks article to gyrate markets. Roger Arnold thinks it may be for real... Can some stoolies pls search the WWW for more info.... I'm still at work but listening to TFNN.COM... Roger Arnold is an intelligent enough guy, but he's not a trader. Many of his calls have been totally wrong, like the implosion of Japan he predicted 2 years ago. In order for gold to continue its bull move, it must start moving up against other currencies. Way too many HedgeHogs are fully geared up on the Dollar/Gold Paired Trade. The shocker will come when the dollar rallies, but gold raliies harder. Gold will then be inching up in dollar terms, but will be exploding out of a huge consolidation in Yen and Eurodollar terms. That is bound to unravel the Paired Trade and set off some fires over at the JPM Derivatives Desk. Sentiment is way too bearish for gold to make any meaningful decline. Ord says the gold stock 81-day trading cycle is due NOW!!! That means that the gold stocks are now trading at a LOW!!! CEF premium is still under 9%. When the CEF premium expands to over 20%, then we have a top. CEF is now trading like BRCM, KLAC, JNPR, and PMCS before they broke out Friday. Is anyone here crazy enough to short this stock?? I'm staying long. Link to comment Share on other sites More sharing options...
Guest jrmfl Posted January 12, 2004 Report Share Posted January 12, 2004 Roger Arnold on TFNN.COM(Tom O'Brien) is talking about an article being released discussing China starting it's reminibi re-valuation as early as THIS Quarter! If true, this will mean US$ is too low versus Euro, Gold, Silver and cause a short term whiplash of the markets... Tom O'Brien thinks it's bogus just another GoldMan Sucks article to gyrate markets. Roger Arnold thinks it may be for real... Can some stoolies pls search the WWW for more info.... I'm still at work but listening to TFNN.COM... tommy needs to see... this. arnold's thesis is based on energy costs superceeding uncle bucks fartage. interesting. Link to comment Share on other sites More sharing options...
BeerMarket Posted January 12, 2004 Report Share Posted January 12, 2004 Disk Drive Mania getting more out of control. STK now up 17% AH, trading north of $32 don't mean to be picky, but since Bob P mentioned the drive makers were up based on the STK pre-announcement: STK is a storage solutions company, they don't make drives and the strength came more from automated tape solutions (sounds like govt work to me): StorageTek Announces Significantly Higher-Than-Anticipated Fourth Quarter Financial Results not that any of that will keep STX & co from flying AH Link to comment Share on other sites More sharing options...
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