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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: SouthFloridaGuy who wrote (1938)	11/16/2005 9:36:02 PM
From: koan	of 78419

I keep hearing stagflation. What I have read is that the money inflation necessitated by the Vietnam war ("Johnson's guns and butter") which many believe produced the 1979/80 inflation/stagflation and $850 gold and 52 dollar silver is now FOUR times worse. Certainly the debt to GDP is at historical highs (almost 6/7%?-5% is considered critical) with no light at the end of the tunnel; and Volker says we are producing 6% less than we are consuming which cannot last. And the bush administration is now so desparate for cash (hurricanes, two wars, high oil, etc) because they cut the taxes on the rich and corporations so much, now they are trying to make up the lost revenue by cutting school lunch programs and student loans-lol. Not sure if that will do the job, forgetting the ethics for a minute-lol. But gold has been also following oil, )like in the old days-lol). Well, in any event it is certainly interesting. I am betting on staglflation myself and a long drawn out debasement of the dollar.

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