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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: kingfisher who wrote (142392)	12/7/2010 2:50:58 PM
From: Bearcatbob	Read Replies (1) \| Respond to of 206152

Somewhere in the not to distant future is a "grand compromise" to secure our financial future. The longer we wait for that compromise the more the threat of some type of "personal wealth or personal property tax" increases. I have no idea how this will pan out. As for my original post - SU is rallying nicely today. Bob

To: kingfisher who wrote (142392)	12/7/2010 2:59:04 PM
From: rllee	2 Recommendations Respond to of 206152

"That, in effect, would be a nationalization of 401ks and IRAs". If this start becoming serious, I can see a exodus of liquidation of both traditional and Roth IRA's for those who are able to without penalty (except taxes, of course) into cash. It would be a disaster for IRA's as we can see it today.