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

To: Rarebird who wrote (53249)	5/25/2000 12:30:00 AM
From: d:oug	Read Replies (2) \| Respond to of 116759

Rarebird, <<...18 years of enormous gains in the US equity market, confidence in the financial system will not be broken easily. Complacency is still rampant at the present time...>> Amazing how easy it is for one to obtain a high degree of familiarity with a word, such that one assumes an understanding, and then in a flash the falsehood appears. <<...gains in the US equity market>> I just realized that I am clueless on what this means. Looked in dictionary and it speaks about common law and the worth of a business after liabilities. <<...the financial system>> Here too I can only think of the printing presses and paper money and activity of policy making of those like Greenspan. Then I remember all those articles read at Le Metropole Cafe about things called GSE Government Sponsored Enterprises like those two weird & funny names of Freedie Mac and Freedie Mary. (man & wife) ??? Let me think, the money system is controlled not by a means that serves as a control, like a gold standard, to keep it honest and healthy, but only by the wishes of the political leaders in power that work 99% to get re-elected and only give lip service to those voted them in. Let me remember, the usa tax laws in a document written in lawyer double/muddle talk about a zillion pages in size so that those in the know, who got it into law, can "use" it.... And Ron Reece says the system "as is" should remain and not be changed. Hellooooooooo Ron. But I do agree, GATA cannot make happen something which is either not there, or under strong control. But I do think most agree, if something is not correct, as in corrupt, then its just a matter of time until those who created it will lose control and bad times arrive. Doug

To: Rarebird who wrote (53249)	5/25/2000 10:34:00 AM
From: William JH	Read Replies (1) \| Respond to of 116759

Ron Paul, often quoted on this thread, was the Libertarian presidential candidate in 1983. When I heard him speak about the Fed, the dollar, and other subjects relating to the U.S. financial system, I bought gold and stayed out of the stock market for a few years. That was 17 years ago and gold is still "waiting in the wings," only it has lost about $150 in the interim. I still look at gold from time to time, but I don't think I'll ever gain anything from it.