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

To: Clappy who wrote (13508)	2/25/2003 8:07:56 PM
From: Jim Willie CB	Respond to of 89467

gold was not trading freely back then gold was seized during the depression then the govt dictated that its price would rise 60% which ensured the banks would have capital funding I dont have the exact figures they are not interesting for any analysis Homestake share price was very interesting it serves as proof that gold rises during deflationary times just not a clear example since the govt became the sole owner and controller of gold the same lesson will undoubtedly be exhibited this time around because gold represents real money, and the bullshit occupying our wallets is green turd backed by as much hot air as my vile sphincter times are very different compared to 1930 gold is much more owned by non-govt entities now some nasty gash months coming for the S&P we will next lose all the K-Autumn gains back to the 1985-88 levels oy veh!!! / jim