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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (2808)	12/23/2005 8:37:13 AM
From: TheSlowLane	Read Replies (1) \| Respond to of 217862

From the current issue of Don Coxe's Basic Points: "When Chinese and Indians progress from abject poverty to lower middle class status, they move into dwellings with indoor plumbing, electricity, and basic appliances. Within a few years, as their wealth increases, they become car owners. So, at the margin, they become significant consumers of metals and energy. (Cupric comparisons: An average car has 55 pounds of copper, and an average house has 400.) As they become collectively wealthier, they acquire gold, silver and platinum jewelry, which are both consumption goods and investments. Meanwhile, their American counterparts have long been diversifying away from precious metals into baseball trading cards, wines, and celebrities' underwear." I'm hoping to get that last item for Christmas this year...but I kinda doubt that will happen.

To: TobagoJack who wrote (2808)	1/15/2006 5:15:12 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 217862

<<The USA GDP continues to grow happily, so I guess the tax base isn't dwindling all that much>> Unremarkably, Mq the Great was proven right once again. News - deficit going away! < Posted 1/12/2006 2:50 PM Updated 1/12/2006 4:57 PM Corporate taxes, government spending hit Dec. records WASHINGTON (AP) — The federal government posted the first budget surplus for December in three years as corporate tax payments hit an all-time high, helping offset a record level for spending, the Treasury Department reported Thursday. The department said in its monthly budget report that government receipts surpassed spending by $10.98 billion last month. A year ago, the government ran a deficit of $2.85 billion in December. The improvement reflected the fact that government receipts were up 12.1% from a year ago to $241.88 billion while government spending rose by a slower 5.6% to $230.9 billion. The figure for outlays still represented an all-time high for spending for any month. > Mqurice