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Politics : Stockman Scott's Political Debate Porch

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To: Cactus Jack who wrote (316)6/9/2002 6:11:47 PM
From: Jim Willie CB   of 89467
 
very significant JPMan, Miami Herald gives conspiracy sunlight

I havent seen ANY press report as thorough, balanced, and accurate as this one
it touches on several key points and dynamics
this story is starting to break out in ultra slowmotion
thanks much for sharing it

by the way, Bill Murphy had a stint as wide receiver with the New England Patriots back in the 1970's
(sometime around then)

like most of our American society, steal from tomorrow to enjoy today
the gold sales in the 1990's SUBSIDIZED TBONDs
and thus subsidized our interest rate decline
what the criminal Gold Cartel, Federal Reserve, and DeptTreasury failed to control was the flooding of TBonds throughout the four corners of the entire world
in allowing such saturation, they ceded control of the fate of Treasury Bonds, prevailing interest rates, and USdollar valuation
THIS IS THE ERROR THAT WILL COST AMERICANS DEARLY, IN TIME

here is the FUNDAMENTAL PARADOX to be explained
how otherwise to explain that during the 1990 decade...
- federal budgets were in deficit every year but 1999
- FedRsve printed an additional 100% into money supply
- trade debt rose from $150B/yr to now $400B/yr
- AND YET INTEREST RATES DECLINED EVERY YEAR SINCE 1995
- and price inflation declined thru the decade

totally unexplainable, inexplicable, incredible, incroyabble
unless GOLD sales enter the equation
not only were TBonds subsidized, but inflation was exported
now it will be imported, thru back door of trade gap

like all distortions in large picture economics, the unwinding of this perpetrated fraud will cause serious dislocation, pain, and turmoil
because the GOLD is borrowed, and margin calls have begun
the Fed will call back the GOLD as its price rises
it is ok to continue the fraud as long as it works
but when GOLD rises in price, the Govt risks exposure

I expect rising inflation, rising interest rates, falling dollar, still widening federal and trade debts, while the economy slips into recession (or worse)
even as derivative multiplies the risk during the unwinding

this will soon erupt into a Fed Gold Scandal
the harsh sunlight has begun to shine on the criminals
thanks again, whew, I lost my breath

the broad consensus views of gold and currency cannot explain the above inconsistency thru the 1990 decade
the broad consensus is in for an education
some extremely well-read, broadly educated, intelligent, and powerful people harbor false assumptions about GOLD
they will be surprised to see GOLD exert its awesome force

some call it
THE REVENGE OF GOLD
THE REVENGE OF GOLD
/ jim
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