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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (68428)9/30/1999 2:13:00 PM
From: Henry Volquardsen  Respond to of 132070
 
Richard

Even our own?

absolutely 100%. and I have a very healthy libertarian distrust of our own government. The problem is cultural. We at least have a large segment of the population that is wary of government and will work to restrain the government's more statist impulses. Europeans are culturaly much more in favor of government intervention and control and actively endorse a more interventionist state. I have no illusions about our own government but most European governments are worse.

I agree that the fear of Y2K is more of a concern than Y2K itself. But this one is pretty well advertised and it has been my experience that the disaster everyone is warning you about is never the one that bites you. I agree about AMZN's market cap. The comment about the American public is interesting. I would say that the gullibility of mass opinion is a pretty common trait worldwide.

I think if gold is goingto get to 350-450 it better do it sooner than later. There is a lot of mining capacity that becomes profitable above 300. If POG stays here for the next few months then that production will gradually come back on line. So my own feling for 18 months from now is somewhat lower.

Henry