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Politics : Stockman Scott's Political Debate Porch
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To: stockman_scott who wrote (4672)8/16/2002 1:37:31 PM
From: Jim Willie CB  Read Replies (2) of 89467
 
US is caught in a bind, almost a triple dip in its economy, stock markets, and currency

this is precisely what Puplava refers to in his Perfect Storm Scenario

here is another potential shock which would tip the balance toward recession: DERIVATIVE EVENTS
I believe several are being patched up on a weekly basis

the multi-facted chain involves: stocks, bonds, debt, currency, gold

and I believe GOLD is being abused
it is being drawn from the Fed Bottomless Well in order to apply PAPER MACHIER over the cracks
it wont hold over time
sometimes I wonder if GOLD is the barometer for the explosion
certainly GOLD is the meter for the damage afterwards
/ jim
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