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Gold/Mining/Energy : Gold Price Monitor

GDXJ 113.78

-1.2%

Dec 31 4:00 PM EST

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To: long-gone who wrote (89751)	9/19/2002 9:56:25 AM
From: Jim Willie CB	Read Replies (2) of 116836

Greenspasm gave the credit markets what it wanted we got to this place (asset inflation and its foreboding threat to economic growth) from both Greeny's liberal purse and the system itself we govern by managing the price of goods & services, and by promoting asset growth we got both, won the many battles AND NOW LOST THE WAR CAPITALISM HAS LOST DUE TO FIAT CURRENCY POLICY we are Japan the most ironic element in arrogant comparisons with Japan is that we claim to have healthy financial and banking systems check every single niche within finance sector and you find a horribly sick business the next few months will be very revealing we are far more similar to Japan that anyone imagined our main difference now is that USA ALLOWS BANKRUPTCIES and boy oh boy, are we gonna see bankruptcies almost the entire US Economy is now subject to liquidation the climax will be writedowns in the Treasury Debt system next year the big surprise will be rising rates as a result of USdollar decline resumption / jim

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