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Metamorphosis


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#31

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Posted 17 September 2003 - 08:56 AM

Last time I checked, silver was adding on 5 cents. Looking strong. Silver shorts are going to get toasted soon. :P

#32 machinehead

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Posted 17 September 2003 - 08:58 AM

I actually had crapvision on early and heard him. He is going to be giving a speech later today and I hope that I can find the text. The information is so shocking, that it is little wonder that he appeared before 7 am.  :huh:  :o  :lol:

His name is David M. Walker, U.S. Comptroller General

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Preview of Walker's speech
"GOLD -- it's not just for misers anymore."

"Dollahs -- fire-starters for the K-wave winter." - Drano

"Three humps and a dump." - anotherone, 21 SEP 2004

"No gold was harmed in the making of this movie." - Bizarro Greenspan

[i]"Da Track. Da place where Morons bet on Animals Controlled by Criminals."
- our jickiss

#33 DrStool

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Posted 17 September 2003 - 09:00 AM

Would someone pls summarize what he said?

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#34 BeerMarket

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Posted 17 September 2003 - 09:01 AM

MCHP "narrowed" their guidance:
Microchip Tech Narrows 2Q Net, Sales Guidance Range

stock price getting narrowed about $1 pre-market. :D

#35 wndysrf

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Posted 17 September 2003 - 09:06 AM

Gold $376
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#36

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Posted 17 September 2003 - 09:11 AM

Gold $376

:lol: :lol: :lol: :P

#37 rog

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Posted 17 September 2003 - 09:12 AM

Bank of England hinting that rates will be raised. UK short rates pricing in 50bp raise by the end of the year. Pound firming up.

Yen traded through 86 without BoJ intervention to knock it back down for the first time in 8 months. No intervention, no pesos to goose US Treasuries.

Maybe Al's friends are leaving the party

#38 BeerMarket

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Posted 17 September 2003 - 09:13 AM

any bad weather / flooding will be a convenient excuse for any "unexpected" slowdown in the consumption fest this month.

#39

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Posted 17 September 2003 - 09:16 AM

Would someone pls summarize what he said?

Only caught the last minute Doc. He sounded the "we must do something now" alarm on the national debt. Said something like that if you take the current published government debt numbers and multiply them by ten you will get the true government obligations. :unsure: :o

#40 machinehead

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Posted 17 September 2003 - 09:21 AM

Only caught the last minute Doc. He sounded the "we must do something now" alarm on the national debt. Said something like that if you take the current published government debt numbers and multiply them by ten you will get the true government obligations.  :unsure:  :o

The Net Present Value of current obligations has been calculated by Gokhale and Smetters at $44 trillion -- almost four years of GDP.

It's already over. Not until the dollar dies and interest rates soar to double digits will the public hear the crack of doom. And then it'll be even MORE 'already over.'
"GOLD -- it's not just for misers anymore."

"Dollahs -- fire-starters for the K-wave winter." - Drano

"Three humps and a dump." - anotherone, 21 SEP 2004

"No gold was harmed in the making of this movie." - Bizarro Greenspan

[i]"Da Track. Da place where Morons bet on Animals Controlled by Criminals."
- our jickiss

#41 DrStool

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Posted 17 September 2003 - 09:23 AM

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#42 wndysrf

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Posted 17 September 2003 - 09:24 AM

Bank of England hinting that rates will be raised. UK short rates pricing in 50bp raise by the end of the year. Pound firming up.

Yen traded through 86 without BoJ intervention to knock it back down for the first time in 8 months. No intervention, no pesos to goose US Treasuries.

Maybe Al's friends are leaving the party

Lance Lewis said that when the Yen breaks to the upside, that will be the key to gold's continued rally, since it often follows the Yen for some reason.......
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The Weimar Run: Bullphoria!!!!

#43

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Posted 17 September 2003 - 09:27 AM

The Net Present Value of current obligations has been calculated by Gokhale and Smetters at $44 trillion -- almost four years of GDP.

It's already over. Not until the dollar dies and interest rates soar to double digits will the public hear the crack of doom. And then it'll be even MORE 'already over.'

Yes, that is the impression I got also. It's over. Thanks for the links. Maybe c-span will cover the speech. <_<

#44 Yaryman

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Posted 17 September 2003 - 09:27 AM

His name is David M. Walker, U.S. Comptroller General

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Preview of Walker's speech

Here's a link to a LA Times story on Walker.

The US is going to hell in a hand basket

At least the LA Times online put the story near the top of the page, while Crapolavision puts it on while nobody is watching.

#45 dozer

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Posted 17 September 2003 - 09:31 AM

Is anyone else having a problem with typing in the box? Seems there may be a conflict with the java applet. Too much code on the page perhaps?



ooohhh Doc, if ya did something to the stool, please, change it back. :D

it's coming up all whacky this morning....the whole page is super wide....it's loading some kind of nasty java applet that eats bandwidth on this poor slow modem connection....it's eating cpu and slowing the trading software down....arrrhhhhh :D :D

doc, the whole page comes up about twice as wide as normal, if that helps troubleshooting.

moanin' all !





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