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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (90670)	10/18/2002 10:50:27 AM
From: Richnorth	Respond to of 116791

The dealers I talked to told me they could get the fully automatic AK47s. "No problem, but keep quiet about it," was what they said. I replied, "No, thanks." ----------------------- Yea, we should be talking about the gold rally. According to Dr. Ravi Batra, an academic from SMU, this decade should be the decade for gold. BTW, Dr. Batra has written the books mentioned below besides several others:- The Crash of the Millennium: Surviving the Coming Inflationary Depression Great American Deception: What Politicians Won't Tell You About Our Economy and Your Future The Downfall of Capitalism and Communism: Can Capitalism Be Saved? The Pooring of America: Competition and the Myth of Free Trade Myth of Free Trade: The Pooring of America

To: long-gone who wrote (90670)	10/18/2002 11:07:05 AM
From: Richnorth	Read Replies (1) \| Respond to of 116791

Prof. Ravi Batra observed that, Since 1929 and in the final year of each decade, there has been a nightmare somewhere on earth that had consequences for the entire next decade. The 1929 Stock market crash had economic repercussions that lasted for the next decade. Then in 1939 WW II started. That affected almost the entire decade. And in 1949 the Chinese revolution started a nightmare in China that dragged the U.S. into a cold war and into many regional conflicts like the Korean War. In 1959 the Cuban revolution took place. That was a very small country, but remember the U.S. and Soviet Union almost had a nuclear war over Cuba. With the Cuban revolution, the U.S. became determined to stop the spread of Communism which was part of the reason for getting involved in Vietnam. And by 1969 the rate of inflation really began to accelerate, such that it reached double digits in the 1970's. In 1979 we had the Iranian revolution, the Soviet invasion of Afganistan and a major sea change in U.S. monetary and economic policy. Then in 1989 we had the fall of the Berlin Wall, which signified the global demise of communism. ===================================================== In 1999, Prof. Batra talked and wrote about crony capitalism and the crash of the millennium. Since then and until lately, we have been observing an ongoing collapsing stockmarket and global recession, the ongoing fight against terrorism worldwide, and the prospect of war in the Middle East. All these may well continue for an entire decade or even longer. It also seems that this is the decade for GOLD! Will anyone care to venture what might happen in the decade following 2009? 2019? 2029? Let your imagination run!