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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.04

-1.4%

Nov 17 4:00 PM EST

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To: Bobby Yellin who wrote (33244)	5/6/1999 8:44:00 AM
From: donald martin	Read Replies (1) of 116762

<<important to play down inflation with the US's huge trade deficit>> And the fiscal deficit as well. With so many government benefits (present and future...think about the SSI liabilities) COLA'ed, and the income tax brackets COLA'ed as well, the only way the seniors can be ripped off and the middle class can be bracket crept into higher taxes is to under report inflation. <<I think you can't manipulate the world economies and when government tries to..it will blow up..>> I think they can get away with it for short periods of time. But, I agree, inevitably it blows up. And ya don't even need GATA for that. :)

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