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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Mannie who wrote (576)	6/21/2002 7:08:31 PM
From: Jim Willie CB	Respond to of 89467

I disagree with #1,#3,#4,#5 if dollar comes down hard, gold will fire all cylinders and the world economy will enter a deep recession for quite a while no stocks will shine with the US market in trouble next up will be the enormity of the USDollar effect IT WILL OPEN THE BACKDOOR TO IMPORTED INFLATION all manner of US firms will raise prices because their foreign rivals are indirectly doing so this will cause US interest rates to rise which will slam US corporate profits once the price inflation hits our shores, ALL HELL WILL BREAK LOOSE HERE in ways we dont expect but I expect it in many ways US stocks will slide steadily USTBonds will slide badly the dollar might actually accelerate downward and gold will head well past #500 when that happens, someone should wake up MiniWattMan err, I mean Voltish / jim