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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

Nov 12 4:00 PM EST

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To: Zardoz who wrote (15088)	8/1/1998 2:02:00 AM
From: Lucky Lady	Read Replies (1) of 116758

Hutch, NAFTA and GATT assured deflation. A couple of days ago I made a deflation argument but was met with denial. I agree that is where we are headed. With lost retirement savings and home equity the baby boomers will be in shock. We have consumed our way into huge debt with no savings. The prosperity the president keeps telling us about is smoke and mirrors. Our dollars are just paper...not true wealth...If we lose confidence in the system, where is the value? Remember the Confederate currency? A wheel barrow of dollars wouldn't buy a loaf of bread! The American people voted for this. LL

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