Replies to post #73374 on Value Microcaps Motherboard

[roguedolphin]

From Chuck Butler of the "Daily Pfennig".....



Ok... On of my fave reads each day is the Daily Reckoning, by
Bill Bonner... (http://www.dailyreckoning.com) Yesterday, Bill was
talking about Money Supply, and how the U.S. has really been
turning the crank on the printing press lately... Let's tune in to
something Bill said that I thought played well with our daily
talks... Here's Bill...

"American emissions of paper money cause a kind of chain
reaction of debasement. No country wants to see its own currency fall
faster than the dollar - and especially not America's major
suppliers. (We used to refer to them as 'trading partners,' but the
term seems sadly out of date, since the trade is almost only in
one direction). The dollar-receiving countries rev up their own
printing presses...layering various colors of ink onto sturdy
pieces of paper so that they may use it to buy America's currency.


Result #1: more paper money everywhere.
Result #2: lower interest rates
Result #3: huge liquidity boom.
Result #4: big run-up in asset prices...m&a activity...global
bubbles some clown pays $71 million for a Warhol,

Surely there is a Result #5.

What? At the very least, it will be - as Mr. Greenspan suggests
- a correction full of drama in the most affected markets. At
the very worst, it will be something that mimics the four horsemen
of the Apocalypse:
worldwide depression, revolutions, wars and rumors of wars."

OK... I can't end a week, and begin a Memorial Day weekend with
a depressing note! Let's see, where is a "feel good" story that
I can pull out of Bullwinkle's hat?

Swiss National Bank President, Roth, was warning the markets
yesterday about inflation, and how the Swiss franc should be
stronger based on fundamentals to help fight inflation... I doubt the
markets listened, or that Roth was even on their radar
screens... But I think he was setting the markets up for a rate hike.
Higher interest rates in Switzerland could put the kyboshes on
using the franc and a funding currency for the carry trade!

[BuddFoxx006]

Keep hoping brother, but the market is going up. How long did the market go up after Greenspan's irrational exuberance speech. It seems like 3 or 4 years. PE's were ridiculous then too.

P.S. America had nothing to do with 911 either.