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To: Victor Lazlo who wrote (110710)	10/17/2000 11:25:10 PM
From: GST	Read Replies (2) \| Respond to of 164684

"Qual assur is almost impossible overseas." Victor -- stop it, I am going to pee my pants.

To: Victor Lazlo who wrote (110710)	10/17/2000 11:35:29 PM
From: GST	Respond to of 164684

Gold stocks have mostly been flat. Ziggy zaggy but much less so than tech stocks in the past year. You did not see gold stocks drop by 90 percent. As for intellectual property, you are again off the mark. The Japanese have done a remarkable job of patenting things. The reason the computer industry always defends the Japanese is cause they know they could not make a single product without Japanese permission. Make no mistake, Japan sucks at lots of things. But they have massed a financial fortune in private hands. Similar story with the Europeans. We have our own strengths, but we also have a massive weak spot -- the current account deficit and a lousy track record on savings. And we CANNOT run it like we do now forever without consequences. None of this is new, it will just catch up to us when it does and that is an unknowable timetable. BTW, all our competitors fear the dollar's collapse and will attempt vainly to prop up the dollar when it finally does its death spiral. But like all attempts to defy the market, it will not work.