12-Feb-03

Last week brought heightened terror warnings. Yesterday, a new audio tape, allegedly from bin Laden.

    The tape urges all Moslems to rise against Washington's allies. It specifically points to the US-backed dictatorships in Saudi Arabia, Jordan, Morocco, Nigeria, Pakistan and Yemen.

    The tape also tells Iraqis their God wants them to fight a house-to-house guerrilla war in the cities against the invading Christian crusaders.

    EWR subscribers know it is my belief that the objective of Washington's enemies on 9-11 and thereafter has been to stoke America's war fever, to lure Washington into an endless guerrilla war across the whole Islamic world, from Morocco to the Philippines.

    The heightened terror alert and the new bin Laden tape are, I believe, part of this plan. Now, if Bush backs down from attacking Iraq, it will look like Saddam Hussein and bin Laden scared him off.

    Bush is a politician. It is highly unlikely his ego will let him face possible accusations of cowardice.

    So, the heightened terror threats and the tape mean that Bush is cornered, he must attack, or be seen as chicken.

    War-related stocks mentioned in recent EWRs have been depressed lately, dragged down by the general flight from the market.

    With Bush probably escalating the war drastically, and with the war likely to go out of his control, speculators who are not already in war investments should seriously consider getting in now. War investments are not a sure thing, nothing is, but they are the closest to it that I have ever seen, and they are on sale at bargain prices. (For the two stocks I bought last week, see the February 7th bulletin on the subscriber access part of this web site.)

    I also suggest you to have enough food and other emergency supplies to stay isolated in your home at least a month. See the recommended vendor list. In the (highly improbable) event Bush decides not to invade Iraq, Washington's enemies could launch a chemical or biological attack to prod him into it.