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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Jim Willie CB who wrote (8117)	2/26/2003 4:45:46 PM
From: Giraffe	Read Replies (1) of 39344

From Sprott Asset Mgmt ...http://sprottassetmanagement.com/markets.asp " ... if the government keeps doing what is has been doing, the US will run a deficit of $480 billion this fiscal year. This does not assume any further fiscal stimulus. This does not assume any more tax cuts. This does not assume a war in Iraq. Simply, if Uncle Sam keeps playing the same ol’ tune, again and again for another eight months, then this will be the deficit. It’s that simple. Yet nobody before us has gone there. Shocking, isn’t it? It should be! Of course, if there is a fiscal stimulus package, and a war in Iraq, then even $480 billion will be overly optimistic. We’re then talking $600 billion plus."

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