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

To: Bobby Yellin who wrote (7478)	2/11/1998 5:07:00 PM
From: Mark Bartlett	Read Replies (2) \| Respond to of 116984

Bobby, <<don't think Clinton will be impeached unless the market crashes before..if market were to crash they will probably blame him..>> IMHO this is the reason the market has not toppled already. It is also the reason I believe the market is no longer a free market - at least not for the time being. A collapse of the US market would lead to the ousting of B.C. and a very serious financial collapse; that is why they will do everything they can to prevent it. As I have said before - it is my belief that we are on a very precipitous cliff ... that is why all the "superstars" were hauled out of retirement to tell the American people how important the IMF support is .... they are in deep sh_t - and they know it. They will continue to hit gold .... but sooner or later, the scheme will fall apart. Also .... they want to assist Indonesia because soon it will be more publicly known, just how bad it is getting there .... do not think for one minute things could not deteriorate here .... maybe not to the same degree - but (IMVHO) it could get very bad. People are so highly leveraged it is criminal .... Benjamin Graham would roll over in his grave if he was aware of the present P/E ratios. All the best, MB