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STOCKTALK

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To: LLCF who wrote (155557)	3/12/2002 8:35:45 PM
From: Secret_Agent_Man	Read Replies (1) \| Respond to of 436258

Gold and Silver, as monetary commodities, are acutely aware of the deception being played out on a gullible public. Meanwhile, gold is stalking about and its fiat prey is at hand. Rather that operating an economy based on earned income from raw materials, we seem to be content to cannibalize existing capital. The history of civilizations flows from builders, to boomers and finally to busters. Bankruptcy courts, accountants, lawyers and appraisers will all feed from the trough of capital disintegration. The Stock Holders of the public corporation ‘America’ may soon be able to relate to the financial pain of the former employees of Enron. When the music stops, people will still need food, shelter and clothing. The question will be; at what cost? Gold and silver will ultimately provide the answer to that question.

To: LLCF who wrote (155557)	3/12/2002 8:37:35 PM
From: Joan Osland Graffius	Respond to of 436258

LLCF, There seem to be mixed signals out there right now. I was surprised to hear the housing market in silicon valley was so healthy. Here in Minneapolis have talked to a few business people and they say things are soft. I don't know how the housing market is doing here. What I do know is the retired folks have quit lavish spending. In fact during the last sell off in the market - just before this last run a few retired people called me and said they had pulled their funds out of stock equity funds and were looking for help. These folks portfolios are down around 30% and have had it. Have a friend that owns a travel business and her leisure business is "real" soft. She said that retired folks are not taking trips these days. Her University tour business is doing fine - the professors are running tours as part of their classes as much as they did during the 1990's. Evidently University kids have funds to travel – hope they are not using their visa cards for this. <g> Joan