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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (209617)	12/14/2002 1:24:07 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 436258

<<The issue of gold has several valid points as the rescue for many economies is inflation. In the US the FED will need to inflate to avoid the collapse of the mortgage based securities. The CRB is predicting inflation.>> It's clearly the "path of least resistence" here, especially politically. In essence, the Friday massacre of Lindsay and O'Neill was a coronation of sorts. ALL HAIL KING YELLER DOG I!<G> Along the same lines, I think the breakdown in the ClownBuck could accelerate, and I'm considering moving a big chunk of my fixed income assets into BEGBX for protection...

To: Haim R. Branisteanu who wrote (209617)	12/14/2002 3:09:01 PM
From: Joan Osland Graffius	Read Replies (3) \| Respond to of 436258

Haim, I do not have the URL - an analysis group released a study that showed we now have somewhere between 13% to 14% real unemployment. I have no idea how the numbers from Europe are calculated. It seems to me the Central Banker for the Euro is more responsible than our Central Banker - this is just a perception on my part, also I also believe if things continue to deteriorate here we will add social costs to our structure.