Nur für Früh-Leser: US$ heute entspricht Enron vor dem Kollaps!

verfasst von Emerald, 19.11.2003, 05:48

-->dies muss man sich auf der Zunge 'vergehen' lassen...............


Author: Jim Sinclair





The Day the Dollar Reserve Standard Collapsed

Here we go just like in the late 70s. How history loves to repeat itself. The big difference today, however, is that we are dealing with a coiled spring whose kinetic energy exceeds anything I’ve seen in recent memory.



There is a significant possibility that the telling figures presented in Warren Pollock's piece constitutes the big whammy we've all been expecting.

Those auctions may have been a failure - not the success portrayed by the media. If an underwriter or his associates are forced to buy a significant part of the stock he is underwriting, then the deal is a flop and nothing else. One thing is clear. Many governments not only passed up on the bond offering but in fact liquidated positions.

I witnessed the"follow the leader syndrome" of central banks in the 70s and rest assured it will happen again. The worldwide"Dollar Reserve Standard" sold so successfully to so many countries by the IMF and the World Bank is history and will now unwind. Many will figure out what I have told you here so the dollar has only one way to go and that is lower. Neither the US Treasury nor the Fed have the ability to change this situation because the world simply has too many dollars.

Don't kid yourself. The case now pending in the New York Federal Court whereby the US government is asking the New York Federal Court to grant the US Executive branch the right to jail any US citizen deemed a terrorist without any legal recourse will not go unnoticed. Money will scream out of the US dollar that historically has found safe haven in North America.

The US dollar market is looking just awful. It is well below the neckline of one of the most bearish Head & Shoulders formations I have ever seen. You can compare the chart of the US dollar directly to the chart of Enron just before its bankruptcy. They are duplicates. Simply overlay a mylar of the dollar chart with that of Enron if you want to test your risk for a coronary.

Could the US dollar market go into a massive plunge? What is out there to stop it? Not the Exchange Stabilization Fund because if would swamp its capital. Not the Fed because the means of doing so are the exact means that got the US dollar into this position in the first place.

Is gold going over $400 now? No, it's going over $500 now.

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gesamter Thread:

• Nur für Früh-Leser: US$ heute entspricht Enron vor dem Kollaps! - Emerald, 19.11.2003, 05:48
  • Ist ja wie beim guten alten Förtsch: Gold-Kursziel DAUSEND:-))) (owT) - Ecki1, 19.11.2003, 10:51
    • Re: Ist ja wie beim guten alten Förtsch: Gold-Kursziel DAUSEND:-))) - - Elli -, 19.11.2003, 11:00