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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (24092)	4/22/2005 6:21:46 PM
From: SliderOnTheBlack	Respond to of 108704

P'K - This is more alarming: From the Man who along with the Greatest American President of my Lifetime: Ronald Wilson Reagan....rescued America from Jimmy Carters ruination of 20% Prime Rates and a 3rd World level of Self-Confidence in America: Paul Volker has seen a lot....an awfull lot and he has this to say: washingtonpost.com An Economy On Thin Ice By Paul A. Volcker Sunday, April 10, 2005; Page B07 [" Yet, under the placid surface, there are disturbing trends: huge imbalances, disequilibria, risks - call them what you will. Altogether the circumstances seem to me as dangerous and intractable as any I can remember, and I can remember quite a lot. What really concerns me is that there seems to be so little willingness or capacity to do much about it."] Quote re: the present "imbalances and risks" in the markets: "as dangerous and intractable as any I can remember." Not just DANGEROUS, but #@$%'n "INTRACTABLE" too !?!?! Intractable: Etymology: Latin intractabilis, from in- + tractabilis tractable Date: 1531 1 : not easily governed, managed, or directed : OBSTINATE 2 : not easily manipulated or wrought <intractable metal> 3 : not easily relieved or cured <intractable pain> People....this is from the former Fed Chairman...who saw the abyss of Jimmy Carter & America held hostage day xxx , 20% Prime Rates, Run Away Inflation, $850 Gold and 3rd World Status staring America dead ahead... and THIS is what he says about TODAY'S ENVIRONMENT !?!?!?!? F'Me...where's my 12 guage, the bomb shelter & my gold (vbg).