Derivatives: Darth Vader's Revenge Message Board

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Non-Tech : Derivatives: Darth Vader's Revenge

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To: Worswick who wrote (716)	1/4/1999 11:36:00 AM
From: Bonnie Bear	Read Replies (1) of 2794

Ahh..something "leaked" out on FOX news this morning..that the government was having difficulty servicing its billion-a-day deficit and no end was in sight because nobody is buying U.S. products. Propping up the stock market for the tax revenue is the market of last resort. Could the govt also be manipulating gold prices down to buy back a hoard at cheap prices? The REAL market value around here seems to be about $500 an ounce (what people are willing to pay for it.) The bottom 40% of the U.S. population have $1500 in the market (401K?) The top 1% have 2.3 million. Or in net worth, the bottom 90% have a net worth of $40K and the top 10% have $1,217,375. Gosh. A propped-up market won't hurt many people.

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