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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Yogizuna who wrote (5869)8/24/2006 8:32:21 AM
From: Beachside Bill  Read Replies (1) of 48092
 
Sheep, if only you knew the bad debt in China banks because the Party said to do it and did not allow good capitalistic plays... Guess what you have to look forward to.

1. American's have been getting poorer for more than 40 years with Reagan's trickle down Keynesian economics and China is the biggest holder... suckers. Thank you Nixon, Reagan, and George W.

2. China thinks they are pulling the strings barely unpegging if from the dollar.... we won't hit them for 40% increase we are going higher and moving everything out of there... places like Bangladesh and they will be happy we did.

3. If you think the world will not be affected by this and Asia can hold out on it's own... a big part of Asia culture that is still there today and will always be.... hide the truth about bad decisions... hide the truth about bad loans...

In America, Canada, and most of Europe it looks like the end because we admit the truth... sure there are problems here... be we have a process that over time they get weeded out before a total collapse... that does not happen in nations without freedom of speech... they just collapse and sometimes they learn from that but usually suffer again and are used until the next collapse.

I am telling you know what will happen here in the U.S giving economics over the last 40 years... mortgage rates will go down to 3%, worldwide demand will fall on everything do to the U. S. and China demand fall... and in the end we will come out of it decades faster then china because of our system and will look much differently but still have freedom of speech and be a better democracy then the corporation or plutocracy that it is evolving into at the moment. Yes, rates will fall and commodities will fall too...

Can't you see it... personal income in the U.S. has not risen in real term in over half a decade... negative savings rate...
but don't worry gold will rise....laughing my ass off

Commodites fall with the collapse too... they just run up a bit as the safe play until the old rules don't apply anymore.
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