MOPE Will Reach Spiritual Levels

View the original post at jsmineset.com...
July 06, 2009 08:41 AM

Dear Friends,

The hyperinflation we face has nothing to do with demand pull. It is a currency event as it has always been in every historic example going back to the Romans.

Hyperinflation has always occurred in the condition of the most vile economic activity. MOPE via its tool SPIN cannot and will not prevent what is 123 days away.

Anticipate MOPE (Management of Perspective Economics) to reach spiritual levels as the G8 plus 5 shovels out garbage to camouflage the discussions with the Plus 5 on dollar diversification via SSCI (Super Sovereign Currency Index) as a reserve currency unit.

This morning China is referred to by financial TV MOPE as not knowing what it wants. That is outrageous BS. China knows EXACTLY what they want and have defined it in a manner that is without question a Super Sovereign Reserve Currency package as part of available central bank reserves. There is no ambiguity at all concerning all the BRIC nation’s positions.

I will sum up the situation as 123 days to go.

I wager some of you have or will throw away your only insurance during this period at higher gold prices, trading later only to go into gold sticker shock.

Gold is headed to $1224 on its way to $1650 and Alf’s numbers.

The US dollar is going to have a very cold and uncomfortable winter.

Respectfully yours,
Jim