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Gold/Mining/Energy : Alta Gold
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To: Francois H. Gaston who wrote (548)3/29/1998 7:30:00 PM
From: Thomas P. Talbot  Read Replies (1) of 749
 
In 1929 we had a strong economy with steady growth and no inflation we did have enormous debt but at least the govt had little debt unlike now. (where will the debt be if we go down now). The crash of 29 was deemed an aberration as Pres Hoover stated "prosperity is just around the corner." Near and after the Dow's low in 1932 there was the financial squeeze and bank failures this represented the time to buy with both hands.
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