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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: seventh_son who wrote (14378)6/17/2005 3:57:03 PM
From: Crusader  Read Replies (2) | Respond to of 18308
 
Our money is being confiscated by inflation and the Fed is about as corrupt as you get. If the cost of real estate was incorporated in the inflation numbers like it should then the inflation numbers would be through the roof. Gold should be much higher than it is accordingly and so should interest rates. I want to see the american system get hammered and justice be done.

This just out in the press:

Markets seemed unaffected by a deepening deficit in the broadest measure of U.S. trade to a record $195.1 billion US in the first quarter as America sank further into debt to Japan, China and other countries.

The Commerce Department said the deficit on the current account widened 3.6 per cent from the fourth quarter's previous record of $188.4 billion US.

Consumer statistics were more bullish as the University of Michigan's consumer sentiment survey for June rose to 94.8 from 86.9 in May, above the economist consensus expectation of 88.6.


How complacent can the americans and the markets be? The Dow was actually up firmly today. It really is pathetic!