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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: steve susko who wrote (51622)	5/17/2002 4:49:12 PM
From: Jim Willie CB	Read Replies (1) of 65232

for perspective on real estate, check this list of articles all by Clif Droke, who seems to have a solid track record 321gold.com in particular check articles on Feb13 and Feb16 so many people have questioned my preference for gold and for writers who have a predilection toward gold the answer is simple our debt-based economy is being challenged to the core now unlike at any time since 1929 I believe the problem is with our currency, mgmt of money supply, and uncontrolled govt spending, not to mention uncontrolled household spending just like so many other fundamentalist movements, there is an embryonic monetary fundamentalist movement afoot and its central covenant is with gold (NOT DEBT) by focusing on fundamentals, the solutions seem clear but the path toward those solutions seem almost impossible we are deeply committed to our debts and tendency to react to each and every problem with more debt this decade will be all about resolution of debts as our economy approaches the Kondratieff winter I believe within this decade that 20% of households will declare bankruptcy / jim

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