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

To: Terry Swift who wrote (4772)	1/12/1998 11:25:00 PM
From: Ronald P. Margraf Sr.	Read Replies (2) \| Respond to of 116753

Hi Terry, If I might add something here? Debt is up IMHO because we can go back to 92-93. This was about the time when the Clinton administration gave us that much needed tax increase so that we could get into those nasty rich peoples pockets. To add insult to injury he made it retroactive. Then he turns around as says OH! don't worry. You can take 3 yrs to catch up. Then he says in the same breathe if you don't have the money, borrow it. He was out there propagating debt. Now you have to really look at this guy and where he is coming from. Here is a guy that never really had a real job let alone never earned more then 35,000/yr as govenor of a state or any other job but he lived large. This guy was bought and paid for by big business in his own state. His old lady made 100gs on the commodities (beef) and folks are still trying to figure that one out. I know my commodity brokers tell me that they can't do it for me unless I'm a govenor. Where I'm coming from is that never trust a thief or in this case what its administrating is saying. We are sitting in a house of cards (plastic) and it is going to come crashing down around us all. Asia is the beginning. Europe will be next and then it will be our turn. Those with the cash and low debt will be the ones that will survive. Thank your lucky dollars that there is a Republican senate and congress. If your to young to remember the Carter administration do some homework. Democratic president, senate, congress. Gold went to 800+ and with it everything else. As you say, the pyramid will come to a point when it can no longer support itself. Most banking is controled by the liberal establishment and we know that liberal thinking unchecked doesn't work. Just like communisim. 98 will prove to be a very interesting year. Take precautions.;-) Ron