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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: Valuepro who wrote (61685)10/17/2008 12:08:12 AM
From: maxncompany  Read Replies (1) | Respond to of 78410
 
I disagree with both of you.

Huge deficits have already been etched in stone for future years by recent actions of the current administration.

And Obama is already on record of saying the rich are not to be soaked, just a return to Clinton-era tax rates, a time when they did well.



To: Valuepro who wrote (61685)10/17/2008 3:57:09 AM
From: loantech  Read Replies (1) | Respond to of 78410
 
VP,

Similar things may have been said about Clinton who's budgets and deficits were less insane. Give the new guy a chance if he gets elected, as I said is there is the possibility things may not be as bad as the current administrators.But again you may be correct tings could get worse.

As far as money going offshore the current ship of looters has been doing that for quite some time is that not correct?

That total free market stuff does not seem to work from what I can see human greed comes into play. Look at the last 8 years of deregulation.

As I say if gold is a forecasting tool and who knows in these times it may be providing a signal things will improve.

For whatever reason gold stocks are saying gold is dead or earnings are dead or whatever they are selling at 75% discounts to recent highs.The prices do not seem to be pointing to ever greater recklessness.

Tom