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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Taikun who wrote (32762)	11/25/2004 8:52:09 PM
From: Proud Deplorable	Read Replies (2) of 39344

Wishful thinking Taikun but won't happen for the following reasons: The US is not going to recover, not in our lifetime. Its days as a world bully, militarily and economically are finally over and China will replace them and Japan will find other markets to sell to rather than the USA. You suggest that domestic demand will be replaced internally. This is a very very slow process and by the time it reaches par levels the US will be in such sorry shape that it will be fruitless. and way too late. "I can't see the US trade deficit not reversing." Highly unlikely because American consumers will simply pay the higher prices for necessities and pay by cash, not credit, and stop buying houses as investments and cars etc. it will happen. But reverse? You are VERY naive. Let me tell you something.....if you live in the USA go out for a drive around your town and tell me what percentage is obese. Obesity is a recent phenomenon and comes from emotional eating which is caused by depression often due to inability to cope with the realities of our world as it pertains to their own personal circumstances. America is a depressed nation and its people are so demoralized at this point that they are essentially spiritually dead and that translates into a poor work ethic. Too much excessive debt and getting everything ones heart desires for little work to justify this lifestyle has made 2 whole generations lazy, fat, slothful and sleepy. So please tell me how you think the USA will recover? And why they even deserve to? Don't you think that countries that have been held down by richer countires deserve a chance now? How about India? My best advice is get out of US dollars as quick as you can.

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