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

To: Joe King who wrote (9669)	4/9/1998 10:52:00 AM
From: IngotWeTrust	Respond to of 116796

Joe, that's the ticklish part...the time frame. U C, in 1920, when the dollar was pegged to Gold and 1)it was determined by JP Morgan, the first Fed Reserve Chrmn 2)after he locked the Railroad Magnates in his home study all night 3)until they resolved to not cripple this nation by their called strike, that was the last time ONE U$ = US$ in buying power. Acc'd to that 1920 BASIS which is where we ALL must hail back to when studying this matter... we are currently worth approximately 6 lousy zinc coated CENTS to that basis. We are now in what I would describe as a Steeler's Goal Line Stand where our currency is concerned. But it is so disingenious, it is puken' disgusting!!! B/C we are proceeding on the "failed/debunked" BWCAccord of devaluation of our currency in order to subordinate to ECU (and the AMU which is still on the come), we are easily perceived by the "foreigners" as talking out of both sides of our mouth...RUBIN sez "STRONG DOLLAR POLICY, STRONG DOLLAR POLICY" while he's lobbying for BWCAccord behind the US citizenry's myopic consumerism!! Or in otherwords, it is a case of See the birdie up there while our pocket is being plucked clean of even the last 6 cents." Sickening, Sad, and horrendously negative in consequences when USA finally gets prodded to the unstuporous state called "light of day." Said "rude awakening" may make the late 20's depression seem like a day in the park. The question for me is: when the US gorilla finally sneezes, will King Kdong blow the rest of our global neighbors outta dah Titanic lifeboats???? MY personal timeframe? Prior to 2003, more likely before ink is dry on year 2000. And the year 2000 is what I'm personally gearing up for financially. Then if I get 3 more years to prepare & stash...all the better. O/49r