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Gold/Mining/Energy : Gold Price Monitor
GDXJ 113.76-6.4%Dec 29 4:00 PM EST

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To: Frank Pembleton who wrote (72869)7/5/2001 4:18:05 PM
From: Horgad  Read Replies (1) of 116834
 
As governments increase taxes, citizens start creating more and more cash based markets. Goods and services are traded under the radar. Socialistic, high-tax countries are plagued by the stealth markets that keep cropping up and growing. Being able to track paper money, would be a huge step forward for governments in trying to squash markets that threaten their tax revenues.

If some currencies start being tracked, the stealth markets will rotate to untracked currencies until there are none left and then they will rotate to gold or some other suitable untrackable commodity.

The governments will tell you that it is all about counterfeiting and money laundering, but if you will open your mind you will see that it is all about freedom. It is about having the freedom to not pay taxes in a country that takes too much and gives back to little.

Of course, there are some people who feel that the government is always right and anybody who disagrees is a criminal and thus the government starts down the slippery slope that leads to ???.
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