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Gold/Mining/Energy : Gold Price Monitor
GDXJ 109.28+3.8%Nov 28 4:00 PM EST

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To: goldsnow who wrote (16432)8/23/1998 3:06:00 PM
From: Bobby Yellin  Read Replies (4) of 116790
 
first of all "In God I trust"..I am not being facetious..
if we had not had el nino and had a freezing winter..that might have postponed the unraveling..
if Reagan had not tried to bankrupt Russia and had not given all sorts of support to Afganistan..we might not have had the current mess although we still probably would have since Japan's leaders like to hide under carpet it seems..
(I was in an explosion and I know what physical pain and emotional trauma is first hand..thanks to some great US corporations and their
product and packaging :> so when bombs or missiles go off..I also relieve the suffering first hand..but I don't think that Clinton told them to strike..he just okayed it..
if the people in the United States had not voted in Clinton for a second term because of their pocket books although they knew that Clinton was suggested to be quite reckless in his personal life..we might have to be dealing with the current political mess but then again we might not have a Rubin,a Cohen, and an Albright who so far seem like incredibly honorable people..who knows what another war victim Dole would have done..he certainly has his scares big time..and might be said to be an overcompensator..
in the scheme of things.
.as long as governments are allowed to create fiat money without an anchor..and just care about their own citizen's
vote won't we continually have the rich and powerful getting richer and the poor get closer to starving as Karen Hoof pointed out one time..
I am not being a hypocrite about Rubin..if you read many of my way too too too too too many posts..I fundamentally didn't agree with his basically not fighting for a hard asset standard wherebye money can no longer be fiat money..(but Rubin probably didn't have the power to push that into being..I don't mention Greenspan..and can't wait for history to give its own evaluation of his policies..or lack of policies..also hopes history puts a footnote about how Greenspan above all other of the world's most powerful and influential people hasn't been more vocal in the past five years about the potential disasters of the year2000...he was a programmer when some many of these bugs were put into place from lack of disc space and from the assumption that the systems would be replaced before year2000..
I hope the Japanese and the Chinese surprise the rest of the world by
declaring that they will start pegging their currency to hard assets
rather than be at whims of the very wealthy players of the world who
don't care about human beings but just their own power and pocketbooks..
ps..just had an intellectual fight with close friend about whether I should have supported america and bought the 5.99 pot made in USA or bought the 1.39 pot made in China..I told her why should I make shareholders and heads of corporations richer when one million USA
citizens are added each year to the ranks of not having health insurance..and I added that the pots were all probably made in China and the USA ones were probably assembled in US..
comments?
(ps. the book is wonderful!..thanks again)
(ps..still a lot of shorts in ABX etc)
ps. somebody in the New York times this sunday had the audacity( :>) or the guts to mention gold ...as a possible safe haven..
ps. since I read the article about Clinton way back in New York Times
Magazine section about his political aims making other things,such as possibly lives expendable..I am not a Clinton fan!)
ps..the I Ching says that a good leader is good follower..these world leaders are not good followers in my estimation..but what do I know..
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