Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: PaulM who wrote (4234)	12/14/1997 7:01:00 AM
From: Bobby Yellin	Read Replies (1) \| Respond to of 116753

Hi- would you mind expanding on what kind of favors you could see Clinton ask..I so look forward to reading your posts!!!!!!!!! I heard that 70 percent number also..I didn't hear the interview. I did hear the head of Oxford Health say that he was going to be forced to drop certain states and raise premiums. I asked a very knowledgeable person whether or not the investment community would run into Japanese bonds if they started floating them because their central bank has the highest reserves and their citizens have the greatest savings and no debt. He said that if the Japanese government started bailing out all their institutions..they would go bankrupt so investors might not flock to their bonds the way I thought..(glad I asked him but boy did I feel slightly silly afterwards) I too expect the stock market to collapse but I guess I still expect our economy to be okay. Please tell me why you think my reasons won't float..okay? Why? So much of the good current job creation has been in small companies.. There has been so very much hacheting (I prefer that to some "cleansing" term)in big corporations that I don't think corporations can afford to lose any more people and will just have to stop pumping up all the perks for corporate heads who have been so rewarded for low interest expenses and hacheting and buying back shares not necessarily technology productivity...not necesarily great management.. I think a lot of the small businesses in the states do business with other small businesses in the states so their businesses will continue. The spending patterns of the US citizens have changed with the average American being much more careful of where his/her discretionary money is spent. A lot have experienced job insecurity over the past decade and now don't take things for granted. It is not as if their spending will come to a grinding halt from high spending. Actually people might start spending a bit more and plowing less into the stock market once it starts its decline.. I think the high tech corporations will still buy from the small companies and takeover some since,even if the market is slow for a while or losses with the imported deflation from Asia..if the high tech corporations don't keep up with product enhancement...they are dead and won't be able to obviously participate in the next recovery.. just guesses

To: PaulM who wrote (4234)	12/16/1997 11:34:00 AM
From: Ronald P. Margraf Sr.	Respond to of 116753

Hi Paul, I have to agree with you Paul. I see the whole situation hitting critical mass here very shortly. Dollars and econimies are built and centered on what the price of gold and silver where in the past past and the present past. Folks where warned when the Clinton administration changed the way the US debt was being financed. World econimies especially Eoropeans have become welfare states, have the working class support the non-working class. As long as there econimies where strong and backed by precious metals that where in their treasuries everything was fine. Now these welfare states have out stripped their working classes ability to continue to support the non-working. What is a state to do? Sell gold to generate cash. Now the general populations of the world recognize this as the true medium of exchange. Not only with them but with other states and governments. So what is the end result? As gold becomes avalible on the open market they are going to buy it up. Drying up the supply. When these states and governments relize that their currencies are worthless because there is nothing of intrinsict value other then their written or verbal word, econimies, governments and scocial climate are going to deterriorate and collapse. Wela!!!!! what do we have. Critical mass. Economic caos. Scocial revolt. One group blaming the other for there misfortunes. End result. War again. This time it will be on a grand scale that one can not fantom. Holders of the shinny stuff will now become the new wealthy and power brokers. History has proven it in the past and will prove it again. Ron g