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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: Mark Bartlett who wrote (6294)	1/20/1998 7:32:00 AM
From: Gary H	Read Replies (1) of 116781

MB and Paul, The method of polarizing money has it's answer in Greenspans simple statement which for us has no simple solution IMO. "This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the `hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard." Alan Greenspan (1966) Will there come a point in time when gold will be desireable to the "statists"? What will the conditions be?

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