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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: John Hunt who wrote (32396)	4/23/1999 7:41:00 AM
From: John Hunt	Read Replies (1) of 116764

Collapse Of The American Economy & The Retreat To Gold << The American economy is booming and confidence is at a level that defies reasonable expectations. Twenty years of unparalleled economic growth has engraved visions of perpetual prosperity. It is perceived that America is a machine with powers and resources that no force can alter. No force except the natural laws of supply and demand. Central bank manipulation of fractional reserve banking and fiat money has led to the expansion of the money supply beyond the point of no return. Economic growth can not save the over inflated dollar. A collapse is inevitable. The Y2K panic will be the triggering mechanism for the collapse. Inherent flaws in the financial structure are the source. Gold will once again be the only safe haven for a devastated market. American arrogance has led us to the belief that human rationale is superior to the natural laws of existence. The laws of supply and demand can not be mocked. They can be pushed, pulled, disguised, delayed, and temporarily manipulated, but they will always return to their true center of gravity. When this occurs, the American economy will be decimated. >> gold-eagle.com For those who like a little doom and gloom with their morning coffee. :-)) ***** I know this was brought up earlier, but here it is in an editorial cartoon.... syndicam.com Sad.

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