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To: Ken Benes who wrote (83003)3/7/2002 3:57:46 PM
From: c.hinton  Respond to of 116816
 
It might be wise to consider the implications of Steel Tariffs.
If they are the start of a trend ,trade will suffer,partners will retaliate.
If trade suffers so will international currency movements.
If trade and currency movements suffers so will financials, they take a percentage every time money passes through their hands.
Are financials vital to the health of the economy,are they the heart that pumps liquidity through the body economic.
If we piss off our richer trading partners(which is what this new tarrif is doing) who will finance our credit habit?
Do tariffs on imported goods demand reciprocol tariffs on exported currency?(currency controlls or Forex Tax)

Of these rambling the last is the hardest to fathom.However,Smoot/Hawley Act 1930 preceded the controlls on gold in 1933.



To: Ken Benes who wrote (83003)3/7/2002 5:18:21 PM
From: paul ross  Read Replies (1) | Respond to of 116816
 
This thread has syphilis.



To: Ken Benes who wrote (83003)3/7/2002 9:03:41 PM
From: Richnorth  Respond to of 116816
 
On average, (in spite of down days) gold will be up, till June, that is. Have to rethink after that.

For now it is BUY! BUY! BUY! time!!!