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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST

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To: long-gone who wrote (46748)1/6/2000 12:19:00 PM
From: Machaon  Read Replies (1) of 116764
 
<< Washingtonian magazine quoted unnamed sources as saying Clinton would move to New York ``to become a Lazard Freres executive at $8 million a year plus the potential of a $2 million annual bonus. >>

I wonder how many WH interns would be working overtime for Clinton?

Re: The Milhouse article that I posted.

You said that you would refrain from investing in metals due to the manipulation of the markets, for the next two year period of time that Milhouse says that "gold shares" should perform very well.

Now..... I'm not saying that he is correct in his forecast, but sooner or later the "house of cards" called the stock market and the American dollar will topple over from their own weight and oversupply.

To me, I suspect that the Administration wants to see a sizable correction in the market, during the 1st half of the year, followed by a strong upward surge. Why? Well.... the Gov has already captured sizable taxes from 1999. In order to do the same for 2000, they would need a large correction, which would break a lot of unsuspecting investors who would owe taxes on "then" nonexistent earnings. Then, a new fresh supply of taxation on the gains from the 2nd half of the year, which would also help the Democrats in the 2000 election.
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