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As an Update...
...to this story, cocoa rocketed a couple of days after I recieved this message, by around $200 a tonne!

As for gold, Wanderer, I already have a lump stashed away in Western Australia, and it's already up by 20%. There's more to go, for sure!

D

posted by DamonLeigh on December 17, 2003 at 3:33 AM | link to this | reply

Well stated, DL...
but to the point of the article...we've been seeing the ups and downs in markets, we've been reading about them, pundits one day are saying everything's being corrected, and the next they say, well...maybe just a little longer. I think there's a whole lot of wishful thinking going on. We are, my friends, on the verge of the final days of markets mattering at all. This up and down, yo-yo, effect is the same thing that happens when a top that's been spinning at high speed begins to slow down...it begins to wobble. The wobbles are going to continue to get bigger and bigger, and, well, we all know what happens when the top reaches the point of no return...it just falls over. It will be a long process hastened by the continuing collapse of various country economies that are artificially propped up by the world bank. I believe it's a good time to buy gold.

posted by Wanderer on December 11, 2003 at 8:45 AM | link to this | reply

Tis Indeed...
...a sad decline.

Thanks for stopping by.

D

posted by DamonLeigh on December 9, 2003 at 10:07 AM | link to this | reply

the press these, days have lost all respectable qualities of the sorts we used to have in this world....

No matter what sort of press, financial zines or the NYTimes... I just can't find anyone besides someone writing a letter to the editor whom i can truly respect... And even those are few and far between. The editors also chop and rewrite everyone's letters so badly that many decent people have given up on submitting articles...

My father is one of them...

*sigh

posted by thepoetBubbaGirl on December 9, 2003 at 6:11 AM | link to this | reply

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