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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Bobby Yellin who wrote (38129)	8/1/1999 11:21:00 AM
From: Hawkmoon	Read Replies (2) \| Respond to of 116764

Ron you just sound like a droning apologist..the questions you can't answer you skip Morgy, don't pull this kind of BS. It's beneath you. I asked you who would suffer worse from the collapse of major banking institutions. The Bankers or the Depositors/Borrowers?? Why won't you answer that question? And btw, SO WHAT if the internet stocks collapse. It's been expected for some time anyway so it's not going to be some kind of surprise when and if it does occur. The internet sector does not represent the stock market. And why don't you comment about how a surge in gold would send a psychological shock wave across the financial systems that could cause many economies to fall heavily into economic turmoil. That wouldn't be very accomodative to alleviating that march towards being a nation of "working poor", now would it?? I may sound like a droning apologist to you, but you're sounding like someone who wants to have their cake and eat it too, without any real understanding of the factors driving the forces in which you believe. Hard money is not a friend of the working poor, Morgy. They are the ones who take out loans, paying them back with interest to the money lenders. It is the working poor who benefit from inflation by paying those loans back in cheaper dollars. Inflation usually results from over-heated economic conditions which implies relatively high employment (which is why AG fears wage inflation without productivity gains). And just to kill two birds with one stone, I would like to challenge Rarebird to tell just how the hell he comes up with a "stagflation" scenario for the US economy without a repeat of an oil embargo?? clawww.lmu.edu econ161.berkeley.edu forum2.org chamber.israel.net (Israel is in stagflation, rarebird, not the US.