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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC)

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To: ahhaha who wrote (327)8/14/1999 2:59:00 PM
From: Ken98  Read Replies (1) of 587
 
<<When a wave is prevented from undergoing its natural efficient movement between points in time, the conservation of total energy comes into play and a giant debt well is formed.>>

For over 50 years the National Park Service managed Yellowstone Park in the same manner as the Fed is presently managing our economy - every minor brush fire was extinguished to preserve the verdant beauty of a national treasure. The now obvious unintended consequence of which was to create a tinderbox of dead and dying trees. When the ensuing conflagration occurred it was much more severe than what would have occurred if the normal 5-10 year fire was allowed to run its course. The resulting fire was of an unprecedented size and so intense in some areas as to render the soil sterile.

The net positive of the Yellowstone experience was to gain a better understanding of the positive benefits of smaller, periodic fires on the ecosystem. These eliminate dangerous, unproductive undergrowth and provide essential nutrients for new growth.

"Playing God in Yellowstone" by Alston Chase is an excellent good book describing the misguided management efforts of the Park Service and their unintended consequences - I would highly recommend it. At some point years from now a similar book will be written about the Fed and its activities.

The road to hell.....

Regards, Ken.
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