(PMfever your 0:06) Thanks - scale and timing —

are everything. My whole career of finding what others could not see was due to using the proper scale maps and cross sections followed by the timing of being one step ahead of the herd! The best place to be unless you stumble and get trampled!<g> Deadeye

Mugabe’s days numbered?

John Simpson: The abject poverty in a country where everyone is a millionaire

Travelling undercover, the BBC’s World Affairs Editor, discovers a nation running out of patience with Robert Mugabe

Published: 15 January 2008

 

In Robert Mugabe’s Zimbabwe, everyone is a millionaire. You have to be: a loaf of bread costs a million Zimbabwe dollars, a newspaper costs two million, and a decent joint of beef costs a hundred million. The only problem is that the average wage is 20 million dollars a month. They’re called Mugabe dollars and it isn’t a term of affection.

Everyone queues here: in the supermarkets, at the petrol stations and in the banks, in order to draw out the money to buy anything. Inflation is so high that items which cost a mere20 million dollars yesterday are likely to cost double that by tomorrow. For some reason, the government refuses to print million-dollar notes; perhaps it thinks it would look bad. The highest note is for 750,000 dollars, and doing the maths is horrendous.

It’s extraordinarily difficult to find anyone here who supports President Mugabe. He is loathed in the Harare slums. In Mbare, where two years ago his thugs bulldozed the shanties housing thousands of opposition supporters, small children shouted anti-Mugabe slogans as we drove past.

Shopkeepers, domestic workers, hospital staff, Aids patients, people selling handicrafts in the street – they all hate him. A very senior Zanu-PF figure, a man who sees himself as a king-maker, met me clandestinely in Harare. He hated Mugabe more than any of the others.

I am in Zimbabwe undercover, together with two colleagues. The BBC is banned, so it felt particularly good to broadcast live from here for last night’s Ten O’Clock News. It’s the first time any British television news organisation has broadcast from Zimbabwe since Mugabe refused to let foreign journalists come here.

Hay mas

http://news.independent.co.uk/world/africa/article3339047.ece

aauk

of the holdings that i have, this is the only one that i feel skittish about at the moment. don’t like the look of any of the charts. the weekly chart shows a drop below the 40 day MA which it’s been respecting for a couple years now. the daily doesn’t look particularly promising either from what i can see.

but my eye is fairly untrained.

any thoughts running around out there?

JBI ………

  

strikerrod @ 21:51 pm. - LOL!

Time to do some maintenance on my PC and call it a night.

Goodnight, everyone.

JBI

eagle-home.jpg

Yeah CT

 I believe we will go the way of Japan in the late 80’s. Some R.E. will fall as much as 80%. It will be very, very ugly…and still no one believes…but they are starting to get nervous. I know that because people are now asking me for advice on gold.

Two Old Miners ….

were indecisive    as to how they should split their precious metal findings.  The first miner finally said “Well … whadda you want … the gold or the silver.  The second miner responded “either ore”.

Overseas…………….update

Jakarta Composite DOWN almost 3%.

Sea of RED across the board, still………

finance.yahoo.com/intlindices?e=asia

JBI

From our friends, to all……..

25586l.gif
Warning: Meant only for long term use. Do not mix with R/E, stocks, fiat or other. Do not operate any machinery, etc……{G}

JBI

CT,

Sounds good,,,I know of one tenter for sure renting vehicle and going to Dangriga, but we’ll know further who’s going where at the meeting me tinks..Did you and Mobax contact ? Cheers AuGirl

Methinks the Chinese are our friends…

………….POG up 11 Bucks off the BS Access Lows

floridagold @ 21:28 pm.

Very true. I noticed. I can also count 5 waves down on the daily, suggesting that its long term trend is now down, but oversold it is and due for and ABC counter trend rally.

Isn’t this fun? :lol:

JBI

Just_Buy_It @ 21:17 pm

But, but, but    the Nikkei is off its lows!  :-)

Hong Kong’s Hang Seng drops 2.8% in early minutes


cannuckgold @ 21:10……Veeeerrrryy Clever

Glad to see you are in good spirits!!