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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 387.88+1.2%Nov 28 4:00 PM EST

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To: Berry Picker who wrote (1268)1/31/2004 2:07:24 PM
From: Rocket Red  Read Replies (1) of 29622
 
BUT BUT BUT

Yes heavy debt loads are a big problem easy fix is do personal bankrupcy as this goes on and on and will continue to do so.

DEbt is Debt but remember its paper and there's more paper where that came from.

DEbt in the US is SUPER HIGH,Canada TOO
But really do there care about debt or just having a good life??

interest rates will remain low for along time yet till everything sorts it self out or we see another depession like in the 30's and all debt gets wiped out and everyone starts over?

Gold in the 80's was driven on inflation to the high's of 800 US or whatever it went too.
Today Gold is driven on who's dollar is the stongest or weakest every day.Fear Driven Gold on Terriosts attacks,WAR

Where it all ends up is in that Cystal BALL once again and mine does not work too see into the future

Its a MAD HOUSE out there as Guys saying GOLD is going to 1000,2000,3000, well all predictions till thge story plays out.

If the worlds hit a major 1930 Depression Gold will drop too as well.

Many old folks say the depression changes there lives and thats why they have a sock full of cash and saved just about every penny they made thus creating huge wealth for the next generation to piss it all away

Stay tuned some old folks say another depression will come.

HAPPY TRADING
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