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To: NOW who wrote (215207)1/16/2003 8:13:01 PM
From: orkrious  Respond to of 436258
 
what do you find great about that letter?


in my mind I meant to say interesting letter but I typed great letter. I'm getting old.

I thought he made some good points not widely published. For example his talk about this becoming the end of the federal reserve system based on debt.

His discussion of the dollar I also found interesting. It is possible that at some point it will stop depreciating (say the old "fair" value of .80 and not become what today would be considered "undervalued"). At that point all of the currencies will just depreciate against gold.