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To: Ronald P. Margraf Sr. who wrote (5738)1/13/1998 6:23:00 PM
From: skelly  Read Replies (1) | Respond to of 116753
 
I understand exactly what you are saying. The point is that the banks will collapse because they cant pay their depositors. when this happenns any govt bailout has to be extremely inflationary and the value of gold will skyrocket in that currency. Isnt this happening today in se asia in their currencies? It will also happen here in our currency IMHO
cheers
skelly