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What is Bill Gates Doing?
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Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01060516
Message ID:
01060592
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13
Anybody with a moment to think about this stuff should see it. It makes sense and we don't have to look too deep to understand why. Oil is going Euro - the Chinese and Japanese are buying more Euros in relation to their dollar purchases. Japan and China own almost 2 trillion of US debt. And it's growing 2 Billion a day. A Euro energy exhange is in the works in Iran right now.

Have you seen the Connie Mac proposal. A value added + sales and no mortgage interest deduction. Amazing.

Things are upside down. Yale, I guess, is preaching communism now. There was an oil placement a couple of months back. A Chinese company offered 19$/Share, our government forced stock holders to accept 17$/Share from another buyer. Amazing.

Maybe Bill's Euro purchase will make the Euro look oversold *g* and hold the dollar up. It's a better move than buying dollars to hold the dollar up. Maybe it's good that Bill dropped out of Yale!

Looking ahead - Golf courses would make nice neighborhood vegetable collectives. The club houses could be converted to dry storage. A man with a lot af manure in such times would be a wealthy man indeed!

>If the article is true, probably the same thing Warren Buffet is doing.
>
>I just recently read an annual review of Warren Buffett and Berkshire Hathaway that it was either 2004 or 2003 that Buffet made more money investing in currency than any of his other investments. Not bad for a guy that had no currency investments before 2002 (at least that is what I have been told and read).
>
>To show you how powerful this is, a $1,000 investment in the Swiss currency paired against the Dollar (betting on a strong Swiss, and weak Dollar) since Sept. 11, 2001 would have grown to over $52,277 by Dec. 1, 2004.
>
>Mel Cummmings
Imagination is more important than knowledge
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