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Gold/Mining/Energy : Precious and Base Metal Investing

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To: pater tenebrarum who wrote (849)12/12/2001 2:56:31 PM
From: Don Lloyd  Read Replies (1) of 39344
 
hb -

...note however that there is a global trend toward widening income gaps between the lower and higher income strata. that's a side effect of the Kondratyev autumn that has ended in '98...

In part, this gap is entirely statistical in nature. If ten people each repeatedly flip a coin and accumulate the total of heads, the gap in heads count (g) between the individuals will strongly tend to continue to grow as the number of trials builds up. Far more important is what actually happens to the incomes of specific individuals over time. The significance of the gap is primarily in its use as a political weapon to divide and sow envy and distrust for political advantage.

Regards, Don
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