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

To: Crimson Ghost who wrote (59504)	10/6/2000 8:53:55 PM
From: PAUL ROBERTSON	Read Replies (1) \| Respond to of 116762

the way i figure it, the longer AG and company hold off on easing, the greater the risk of the very unstable fiat system coming crumbling down. Without a doubt the good old USA is a debt junkie that is about to crash. A soft landing is not in the cards, imo. Better to postpone the crash to a later date than right now. The high greenback combined with wage pressures does not make the USA uncompetitive, it makes them incredibly uncompetitive. Taking a trip to Canada or Australia and one would understand in a heartbeat. Most will argue deflation then but deflation in the USA would cause a dollar collapse which the fed definitely does not want. No, without a doubt, the fed is on a roller coaster ride that has just begun. To big to fail, imo, is about to take on new meaning. A sharp drop in the S&P next week, will surely start a fascinating chain of events. Support is busted and this years lows are the next target. Once taken out the fed is going to be on edge. The rest of the world will react by printing and lowering taxes. My guess is that the PM sector may very well be the best performing on the next junkie high. The US is spent while the rest of the world has been pent up for too long. Paul