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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.80+0.9%Nov 19 4:00 PM EST

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To: Bobby Yellin who wrote (4815)12/27/1997 4:34:00 PM
From: Ron Wilkinson  Read Replies (2) of 116764
 
About bonds, I believe our government will buy back many billions of them thru such processes as the exchange rate mechanism mentioned in earlier posts and other methods we probably are not even aware of. And yes, they can print and print until there is a loss of confidence in the lender of last resort/the current and maybe last place of safety before gold, the US dollar. How soon? Will the stock
market go first? Will gold go first? Will it be recession? Depression?
Economic collapse? Deflationary spiral? My head hurts. Ron
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