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Politics : Stockman Scott's Political Debate Porch
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To: TigerPaw who wrote (4702)8/16/2002 11:06:23 PM
From: Jim Willie CB  Read Replies (1) of 89467
 
yes, but Clinton's starting point was 8% TBonds
and a full USTreasury with gold bullion loaded to gills
now we have run the full path to its end

with USdollar from 80-something in 1994, to 121 last winter
with TBonds from 8% in 1994, to 5% now
with gold from #400 in 1994, to #265 last autumn

Clinton run the kitchen pantry to the bare boards
END OF THE ROAD IN CURRENCY, BONDS, GOLD

you can work some miracles with an economy for a few years by raping and pillaging the USGovt's gold treasure
heck, it aint hard to lease/sell the gold, buy bonds, all in secret, and proclaim an economic miracle

the hard part is THE SEQUEL
the debt in gold is the timebomb
the cornered position is low rates and high dollar
/ jim
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