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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: isopatch who wrote (91963)7/5/2001 10:06:25 PM
From: Frank Pembleton  Read Replies (1) of 95453
 
A negative saving rate means consumers either sold off assets or borrowed to maintain spending levels.

Isopatch, I could hardly believe my eyes when I read your post. So all those people I see driving German cars are going to be shopping for dinner at the food bank?

Couldn't Mr. Greenspan just increase the money supply, so these nice people can pay their credit cards off with funny money?

GOT GOLD?

Regards
Frank P.
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