SI
SI
discoversearch

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 (4926)12/30/1997 12:53:00 AM
From: IngotWeTrust  Respond to of 116756
 
Naw, we don't have any difs @ powers of t'ptb boyz, Paul. It's same o same o...

the respective feds are bigger than the big banks,
who in turn are bigger than the brkrg houses who parcel out the big /banks "risk supply"
who then parcel it out the brkg house risk to t'the specialist and the option writers,
who then parcel out THEIR risk to the speculating public...

Nothing's new,
just a new opportunity tis all.
That's why they call'em deriatives or fiat instead of PURE GOLD plays.

I bet...
if you'd take t'edge of a nickel to t'Hamilton mug on our scratch n'sniff money, it would come off ...
and reveal either a Mexican Hero,
a So. Korean former President,
or a Japanese Kamikaze hero!

OLE!!!!!!!!

O/49r



To: PaulM who wrote (4926)12/30/1997 1:08:00 AM
From: Terry Rose  Respond to of 116756
 
Paul. I agree with your logic about the debt equation, and that most of the recent bailouts are reactionary, and futile. I read Ole's post on the Won currency lease, and it was over my head. May be this was all about securing the EMU's future role, and then again may be it's another attempt to prevent an implosion of the world's debt balloon. I mean what's a measly 5 billion dollars bailout when our national debt is over 5 trillion dollars and growing. If the bailout really works, then it was worth it, and if not at the rate of expansion of our debt it will be another drop in the bucket.