Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: mt_mike who wrote (51629)	5/17/2002 4:40:09 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 65232

questioning authority starts with challenging Greenspurn he has been deified, but is incredibly flawed in forecasts and in acceptance of heretical policy practices in February 2002 he and Treasury Secy ONeill were asked inside Congress to provide information about the amount of gold that remains in our national treasure they refused to answer what grounds? "to do so would inhibit our flexibility in managing the currency exchange stabilization" translation: 50% of our nation's gold is gone most citizens dont care much about our nation's gold but I believe eventually, like within 3-4 years, the only thing stopping our USdollar from descending further will be how much gold collateral is behind it the answer will be "not much" Europe has 15x the gold backing their money we have lost all concept of what a DOLLAR is I could not honestly answer "what is a dollar?" I know what it buys, at least today, but not tomorrow our nation is not well educated sure, the suburban families are, when they are not high on drugs which is a great deal of the time generally the wealthier the suburb, the bigger the drug problem but kids spend more time on PC games and Nintendo than reading do we expect them to challenge Greenspasm or CEO's? no way, they will trust brokerage analyst opinions, central banker cheerleaders this unfolding of events is sad our entire economy is the biggest debt-driven bubble the world has ever seen and it will gradually come apart at the seams WHICH WILL MAKE GOLD SHINE BRIGHTLY gold makes up my entire retirement plan like RR says, develop a plan and stick with it / jim