a very good read indeed. thanks dub. been working over the weekend on what the coming scenario could be like. berney almost admitting friday that he had nfi how to sort out the mess. boe can't agreee. new brissy central units up over 30% past qtr ! now we get likely major bank failures upon us if these same big greedy buzzards need to back up their promises to 'guarantee' these so called siv's. gold and silver could be ripe for their biggest one day usd gains ever. yes you heard it here first. so what do we do ? i have nfi either. in fact, i don't think anyone knows whet to do. i think i know what should be done tho. that is raise 1% now everywhere and get this efffin thing crisis over quickly. i hate uncertainty and so do markets. the usa have their ppt in the front line atm but i suspect they will get mown down eventually once the firing starts. more rates rises if 1% doesn't do it.lets get this stupid stupid stupid credit baloon bust as quickly as possible. it has to happen, so why wait ? i want to relax and get back to fundamentals. plus i want to go to egypt knowing bush & co. have had their comeuppance.
my first bid for GOLD is in. i'll accumulate thro to next march'ish time when i expect the shyte to have hit the fan.
jobs may well be scarce in the cbd in brissy by then but i have a feeling those units might become mighty cheap.
be good,
40.
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