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#76 Jimi

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Posted 03 November 2004 - 10:23 AM

Experts are stupid effs.

Dec.'04 US DOLLAR INDEX
84.87
-0.70

America has voted.

Now the world gets to vote ... via the dollar.

This selloff is highly significant ... and will become even more significant if it continues through the week and breaks the 2004 lows.

I agree wholeheartedly. I promised myself to move a slug of cash out of the dollar if Bush won & Republicans retained Congress.

Undivided government = More & more debt = Death to the dollah.

I'd note two other things.

First, a collapse in the dollar will limit the ability of Americans to travel abroad. That serves the xenophobic agenda.

Second, the administration will pin a collapse in the dollar on foreign enemies: "Financial terrorists," if you will. Sinister forces... like Mahatir did in 1997.

One other thing. Reserve status confers privilege. So long as the Currency Reserve Hegemon exercised that privilege judiciously--using some meaningful percentage to purchase global public goods (e.g., peace & stability)--others were prepared to cede that privilege.

Bush's reelection pounds a fornicateing stake through American judiciousness.

Proactive central bank selling of dollar-denominated assets--something I previously have never expected--may be the best available mechanism for wounding the Eagle.

For exercising national self-interest, which tragically, is now appropriately defined in opposition to both Americans and the United States of America.

I am thinking Swiss Francs, but am open to other suggestions (already holding Euros, NZ dollars, and Chinese yuan).
Sure glad all my albums went GOLD.
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YOU MAKE KITTY SCARED
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Guess again, girlfriend.
Or, $2.7 million every effing day since the effing pinball machine.
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#77 BearHugs

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Posted 03 November 2004 - 10:24 AM

I really want to get out, but my wife refuses to spend the winter back in Canada. :lol: 

For those of you in foreign outposts like Canada, New York, and California, in order to understand this country, you need to take a ride on the back roads of central and north Florida, or Indiana, or Kansas.  There's an ocean of inbred stupidity and xenophobia out there. The 11 states voting to outlaw gay marriage is one thing, but they also voted to deny legal recognition to OPPOSITE SEX civil unions.  The US is a nation of cave dwelling religious zealots and mystics.  Clearly the theory of evolution is wrong. This proves it.

OK Doc :blink: :blink:

I think what youv'e said is endemic of a larger problem and a larger divide between rural american and the metropolitan metrosexual, heres a response from dozer last night concerning why high density areas lean left and rural areas more to the right....

The much-talked about "divide" IS very much an urban / rural chasm.

Rural society has been decimated by the policies and laws of (mainly dem)
urbanites; with the city crowds able to outvote the sparse out-areas every
single time. This creates the dem/rep = urban/rural split. The feeling around
here is that urban folks couldn't care less about rural people, or the damage
done. It's been going on so long now, there's a pretty deep anger at city folk
built up.

Heck, even here on the normally-respectful stool, I saw a post like "don't
worry
about a few drunks from Hicksville". "Hicksville"....as if rural folks weren't
even worth considering, not even of the same genetic stock with the same IQ,
perceptivity, etc. as urbans.

Great way to make friends and influence voters, eh?

That's the divide in this country. It's real plain on the county maps...was
very
evident in 2000 too. The media, for their own reasons, always hold up the
"bible
thumper" aspect as the reason for the divide; but that's really only a small
part of it...a result more than a cause. A bigger part is land and property
rights infringements...and now threatening such life-basic things like water
rights. Lots of other issues....infringement of guaranteed liberties...firearms
of course...destruction of resource jobs, "free" trade-agreements decimating
rural manufacturing while paper-pusher city gigs skyrocket and pay 100k/yr
w/bloated pensions/bennies, etc., etc..

Run the demographics for 'liberal' and 'conservative' against a county
map....it'll correlate almost perfectly with urban / rural. I've met very few
in
this area who actually lapprove of the war....they're just deathly afraid of
even deeper destruction of their livelihoods and communities if they ever voted
dem.

Heck Lucid, they're just as much in fear for their future as we here are. Every
bit so. But as long as urban dems paint them as retarded religious-freak
monsters, and carry that subconcious attitude, I can't see how this society
will
ever heal. There's got to be -mutual- respect to breach that divide.

Having grown up in hicksville usa, I don't understand a word he's talking about. IMHO, it's all about taxes and religion. Paying an extra $100 in taxes a year is a big deal to them. And, there are more deeply religious folk in rural areas as opposed to metro areas. And they're afraid of gay marriage.

:unsure:

#78 purdymouth

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Posted 03 November 2004 - 10:27 AM

I recently saw a chart that noted the giant selloffs that occur in gold each time the debt ceiling is raised.

They put off raising the debt ceiling again until after the election.

I expect a repeat.... doesn't mean gold won't move up before then.

#79 BearHugs

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Posted 03 November 2004 - 10:30 AM

Oh and, they (those of us from hicksville) are stupid. I grew up sheltered, naive, and stupid. It took many years of living oustide of hicksville for me to gain even half a brain. The other half is forever lost to a mispent youth. (Of course there are smart people from hicksville, but the vast majority aren't on the level of metro in my experience.

#80 machinehead

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Posted 03 November 2004 - 10:32 AM

Big Oil kindly held down gasoline prices for the past several months, to help Re-elect the President.

Now it's PAYBACK TIME ... :lol: :huh: :o
"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

#81 GregFokker

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Posted 03 November 2004 - 10:33 AM

Big Oil kindly held down gasoline prices for the past several months, to help Re-elect the President.

Now it's PAYBACK TIME ... :lol: :huh: :o

Does anyone know the ticker symbol for unleaded gasoline on IB?

...A declining spenglerian carnival of Colossaalism united with Inflation where the numbers one through 10 are forever banished as worthless arithmetical detritus from a bygone age... - Beardrech

Naturally we believe the govt numbers... and Boobus Americanus sleepwalks off the edge of the energy-crisis cliff clutching his shares of "Crisco", Yoohoo and GooGah munching on his Yum Yums and Ho Hos. Future historians will have a hell of a time figuring out what the hell Americanus neanderthalus was thinking and exactly what brought on his sudden demise... - Henny Penny

Well, good night everyone. I gotta go lube up for tomorrow's regular end-of-week Gold Slapdown and Stock Index Bear Punishment Rally Weekend Greenprint. ...Probably another Shock-and-Awe Gap-Up-Open and Wire-to-Wire Meltup Runaway Bull Charge Mo-Mo Spike to Fresh New All-Time Lifetime Highs, culminating in a 4:15 yelping scalded dog runoff with panic short-covering and legal not-held bad double fills due to fast market conditions, plus quote system freeze-ups and trading platform lock-outs along the way. *yawn* typical gov't Friday. - Shorty


#82 brian4

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Posted 03 November 2004 - 10:35 AM

window opening at the bell for 65 minutes- I am abhored by what happened last night and I feel for the good Americans I know. For the rest of them they have made their bed and can now lie in it. The reaction so far in Canada is shock..last night I posted "it is time to pull up the drawbridge and fill it with Crocodiles"..that is exactly what Europe and Canada will do. America wants isolation well they got it..now.

#83 orvack

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Posted 03 November 2004 - 10:35 AM

Dow +160

Bush has been doing a great job for the economy..

#84 purdymouth

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Posted 03 November 2004 - 10:36 AM

apparently isolation is going to make us very, very, very rich in the stock market

:o

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Posted 03 November 2004 - 10:37 AM

Dollar going south, gold going north...only one direction for oil to go if this continues.

#86 soup

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Posted 03 November 2004 - 10:38 AM

the mkt had been up 8 + days expecting the fascists to retain power. Where is the suprise? WTF? I learned something ( finally) they will get their way, and there will be no consequences for their actions. Hell look at who they represent?
""Pretty bubbleheads preen daily on our financial networks, playing the shill to Wall Street and Washington in order to lure unsuspecting Americans into buying insanely overvalued stocks. The great market exchanges, once prudent arenas of investment where the engine of capitalism traded value for value, have become sham casinos staggering under decades of massive Fed created debt and lurching into oblivion on the greater fool theory. Yet our high level bureaucrats, led by Alan Greenspan, exhort all Americans to consume still more of their seed corn and seek still more fools." N. Hultberg

#87 machinehead

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Posted 03 November 2004 - 10:39 AM

Big Oil kindly held down gasoline prices for the past several months, to help Re-elect the President.

Now it's PAYBACK TIME ...  :lol:  :huh:  :o

Does anyone know the ticker symbol for unleaded gasoline on IB?

The symbol is HU ... but I've been told that IB won't let you trade unleaded. :angry:
"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

#88 Hiding Bear

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Posted 03 November 2004 - 10:39 AM

Isn't anyone expecting a gap and *rap? :o

#89 machinehead

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Posted 03 November 2004 - 10:40 AM

Isn't anyone expecting a gap and *rap? :o

Yes.

Sell at 9:45 a.m.
"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

#90 soup

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Posted 03 November 2004 - 10:40 AM

fornicate it. I am sick of letting these bastards bring me down. I will just do my own thing, hang out with my family ( which I am way too lucky to have) drink some good wine, and try to have a few laughs. AS far as the election, hell they were one in the same, so folks don;t let the shrub bring you down.
""Pretty bubbleheads preen daily on our financial networks, playing the shill to Wall Street and Washington in order to lure unsuspecting Americans into buying insanely overvalued stocks. The great market exchanges, once prudent arenas of investment where the engine of capitalism traded value for value, have become sham casinos staggering under decades of massive Fed created debt and lurching into oblivion on the greater fool theory. Yet our high level bureaucrats, led by Alan Greenspan, exhort all Americans to consume still more of their seed corn and seek still more fools." N. Hultberg





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