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GLD 414.48+0.7%Jan 9 4:00 PM EST

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To: Robin Plunder who wrote (96553)11/14/2012 10:55:18 PM
From: Maurice Winn2 Recommendations  Read Replies (1) of 219225
 
Funny how two people can read the same thing and come to opposite conclusions. His seems clear [your quoted part - I haven't read the rest].

People used to say Alan Greenspan's speeches were confusing and unintelligible whereas I always found them quite precise and well done. I put it down to the long sentences and ADHD of most people. People didn't even understand his most famous quote about irrational exuberance, yet it's there still for people to read. Similarly, they say he admitted he had it wrong after the big bust in 2007/2008 whereas he simply said he was wrong to assume that shareholders of banks would act to preserve their own interests. They seem to think he admitted he had no idea about money over all these years and got it all wrong.

I have listened to quite a lot of Ron Paul's speeches so doubt that this one has gone off the rails.

Do you have any other quotes from him which would perhaps show what you mean?

Mqurice
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