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To: Bill Jackson who wrote (98073)1/7/2005 1:01:08 PM
From: E. Charters
   of 101076
 
No doubt higher prices for metals are a problem. Mines will be in real trouble for years to come.

The Chinese are building a bridge the size of the Brooklyn Bridge every 15 1/2 minutes. They are building a city the size of Toronto every 3 months. People are lined up 3 abreast, with suitcases in hand, ready to to take possession of lots, for as far as the eye can see.

OK, maybe the line-ups are an exaggeration, but the other two statements are TRUE. No shishkebob.

EC<:-}

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To: E. Charters who wrote (98076)1/7/2005 1:39:02 PM
From: Bill Jackson
   of 101076
 
Eric, Mines are always in trouble, they run out in 10-20 years in most cases.

Your statements are crap, they are on rickshaws, drawn by donkeys.

Bill

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To: Bill Jackson who wrote (98077)1/7/2005 2:25:35 PM
From: Broken_Clock
   of 101076
 
1.3 billion people. That's about 5000,000,000 donkeys. They could easily corner the fertilizer and alternative fuel markets. -g-

That must be where all the oil is going...greasing 1 billion rickshaw wheels weekly!

Anyway, $usd looks like it might have legs over the next 60-90 days to reach 87-88.
200 day avg. is 87 and change. Gold would be in the 400-410 range at that point.
stockcharts.com[w,a]dacayyay[dc][pb50!b200][vc60][iLc20!Lf]&pref=G

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To: Bill Jackson who wrote (98077)1/7/2005 2:39:00 PM
From: E. Charters
   of 101076
 
My understanding is that the rickshaws are diesel now. Maybe those lineups are for food. I could have been mistaken.

I was over there last year. I was approached by a bridge builder who had just finished several bridges and was painting one of them. I actually bought shares in one of the bridges (part of the Chinese governments new privatization scheme), but there is some problem with the toll collection mechanism. When it is fixed, he assures me I will start to receive fees.

On another note, I had heard that the Chinese were interested in putting fifty divisions of the Chinese army in Toronto. They ran into a snag in getting the right sizes in all the uniforms they planned to send over.

EC<:-}

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To: Valuepro who wrote (98074)1/7/2005 2:42:14 PM
From: E. Charters
   of 101076
 
I had heard they are going to one and half children per family, as some people cannot have kids. Details on how to handle the fractional children are being worked out in test labs.

EC<:-}

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From: Valuepro1/7/2005 2:46:35 PM
   of 101076
 
Test. This thing ain't posting. If some of my messages appear as multiples of the same thing, ...Uh, I'll try to delete those.

Maybe SI is rationing posts to 1.5 per member.

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From: Valuepro1/7/2005 2:48:48 PM
   of 101076
 
Hm, o.k., here's a cut 'n past of a message that seems not to post by the traditional means.


Bill, "...the biuilding up of the Chinese infrastructure to the USA levels of the 1950's will drain the raw materials of the world for the next 25 years, keeping prices quite high.

Exactly!

"At the same time Chinese goods will flood the world."

Perhaps, but as I said they are not export dependent. Anyway, the simple fact is that the concentration of wealth and political/military power are in the early stages of moving (once again) westerly across the globe. And therein lies the first principal of understand wealth accumulation/value, the principal of change. Historically speaking, the world's centers of wealth and power move from east to west, and the greater part of Asia (China & India) today has all the fundamentals going for it to become the world's next mega economy.

"As for the 1-1 law in China, not yet. If they took it off now, there would be a huge rebound of births, as the Chinese still = large family = effective pension. Until that mind set is gone they cannot risk it."

I said they were discussing it. That's a long way from saying it's about to happen. I mentioned it merely to illustrate they are no longer carrying their fears of having a population out grow their ability to sustain it, something that leads to civil unrest and increased risks to those in power. I agree, however, that families have a cultural, social and economic role in Asia that is different from ours in the West.

"They do have a severe female shortage,..."

Yeah, but that's always been the case. In the past, many female babies were killed at birth for economic reasons. Now they are simply aborted.

"Hydrogen will never make it as a fuel system."

? O.k., tell Arnold.

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To: Broken_Clock who wrote (98078)1/7/2005 3:08:32 PM
From: Bill Jackson
   of 101076
 
Papaya king, Hard to see that far ahead with such a degree of confidence. US$ is not going to want to go too high. US may well cut rates soon to stoip the US from going too high. US has to redress the trade imbalamnce some way, letting the US$ fall is one way. The Yuan rising is another way. China does not want the Yuan rising too quickly, they want to own the USA.

Bill

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From: Valuepro1/7/2005 3:13:22 PM
   of 101076
 
OT - Arnold and Hydrogen: forbes.com

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To: Bill Jackson who wrote (98083)1/7/2005 3:27:12 PM
From: Broken_Clock
   of 101076
 
I agree with your point re: seeing the future. However, the big traders/funds use a lot of TA in there computer models. Just the nature of the same I guess.

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