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Gold/Mining/Energy : Swing Trading Toronto Stock Exchange Listed Stocks

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To: Vitalsigns who started this subject11/29/2001 2:02:11 PM
From: Vitalsigns   of 2773
 
Running out of bullets????

ap.tbo.com

"It is regrettably my conclusion that we are unlikely to return to balance in the federal accounts before possibly fiscal '05," Daniels said in a speech at the National Press Club. He added, "Things will have to break right for us to do that."

Where will this money come from, they just cancelled the 30 Year bond , sure hope they don't plan on going to short term treasuries instead, that would be the death nail for the US dollar as Bankruptcy of the US would be next. What was once thought improbable a few years back is seemingly starting to unravel before our very own eyes. I have seen many things in the past , but nothing comes close to waht we are witnessing presently.

Someone made a reference to popcorn in describing the recent events. When you put the bag of popcorn in the microwave , you hear nothing until a few cornels pop, then a few more, then many until all your hear is constant popping.

It seems that the Dot.com failures were the first few cornels to go , followed by telecom, and now enron. Next Argentina and who else. The popping is not rigorous yet, but it seems to be at a more rapid rate lately.

Does anyone really belive that a future reduction in Interest rate down to zero would have any more of an effect?
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