Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 128.56

+6.1%

Feb 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Abner Hosmer who wrote (24619)	12/20/1998 8:34:00 AM
From: Bobby Yellin	Read Replies (1) of 116972

Merry Christmas Tom "The power of the government to confiscate and redistribute wealth must be maintained and increased at all costs" to whom? Trickle down economies might have a very high price shortly..probably Hutch could trash me and hopefully he will..I am here to learn and share.. It looks like Rubin and co is redistributing wealth from citizens of SE Asia into and bringing them to multinationals..have not had that much time or concentration to read all the takeovers of foreign firms by multinationals.. Have not been able to find a list of the largest conglomerates and who owns most of shares.. In New York,for the past few years I have been witnessing a lot of smaller companies being driven out of business because they can't compete with the national chain stores buying power..ie before I mentioned that CVS for instance,I was told by a store manager,might buy 2 million products from duracraft(don't know if that is true and haven't checked how many stores CVS has throughout the country..A friend of mine said that is great for the consumer..lower prices..I told the friend that CVS's own brand products are cheaper..but a lot of the other products are more expensive than some of the smaller stores..Also as these national chains take over,they will have the "power" to keep wages down and also what kind of a job ladder will they provide if they have one central office probably..I don't feel like spelling my thoughts out..but you know...(I must say CVS is where I get Morgy's heart medication and it was twenty percent cheaper from the store that closed and fifty percent cheaper than if I bought it at the vet's..I shouldn't be complaining but I figure even though it is saving me close to 200 a year just on medication..for one little animal..this trend will hurt tons of Americans..a country is as strong as its weak links.. I think the hog industry is just a precursor..that times article that I referred a weak ago said farmers are getting paid 45 dollars a hog and are conducting fire sales since the hog costs them so much more money..and the supermarkets are selling that product for over 330 dollars..it didn't say NYC area.. Trickle down economics is benefiting the big comglomerates who with their deep deep pockets can drive out smaller businesses..and not even pass along cost savings to most citizens..and then later the citizens will be forced to probably pay higher prices since there will be much less competition..(again I read an article I think from financial times saying that 70 percent of distribution of food in England is monolopy owned..I might have distorted some stuff..by accident..but that is the best I can remember bobby (trickle down economics = triage or whatever that word is.. geez..just the exploding popularity of the internet would have created a massive amount of new jobs..nature does take care of things without creating bubbles..)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next