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Gold/Mining/Energy : Gold Price Monitor
GDXJ 106.90+0.1%Dec 4 4:00 PM EST

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To: waldo who wrote (20190)9/30/1998 11:23:00 PM
From: Ahda   of 116795
 
We can look at this as Mr. Greenpan stating a gold standard is needed but realistically it curbs growth tho to me it is a far more effective route. What we are missing is how much power the banks have and the banks control the FED instead of the FED controlling the banks and brokerage. This was just shown by the power we have allowed in leverage trading vehicles so transparency to Japan is one thing how about to ourselves.

Im my simple way i see this as as childs birthday party everything blown on the one sugar binge and the plop down to reality was not controlled nor even thought of. I could go into detail here of the donkeys that attended and blew it for the rest.

When you correct a charred position it takes very long to do and i think here we are talking world dominoes all fall especially when you are trying to intermingle.

Inflation sent away comes back big way

very humbly spoken.

i have another thought the largest problem we face is currency the world not just the obligation of debt that becomes greater with each subsequent devaluation the reality the interest rate reductions was beneficial for other nations not just us we have to see our currency fall we have not a choice other then sending a message to the world the debt load is greater than anyone can bear and we can't bear it we have to distribute it or we have one useless dollar.

Spoke to much again tonight and again the platform is of sand.

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