To: Abner Hosmer who wrote (9824 ) 4/11/1998 6:05:00 PM From: goldsnow Read Replies (1) | Respond to of 116759
Thomas, there was no digression...You have noted in your terrific piece that all roads are leading to gold...But how? Mountain road? Woods? People helping people is a concept that entirely elluding very same people that substitute a concept of GVN for People...insisting that only GVN can do good..The irony is that for for every person that is "helped" there are many that are deprived of their liberty, but also necessities..The brainchild of good-bureaucracy, a very hungry child now creates a parodox -it has to eat 24 hours a day just to sustain itself.. Now historical parallel with Japan of which the same people demanding tax cuts (on corporation and rich)while attacking "Reagonomics" Derogatory terminology.... (Deep Tax Cuts, Wide Reduction in Welfare Programs, and areas of waistful programs, Curbing Federal Agencies that went to far in Regulating business..If The Economic Recovery Tax Act of 1981 reduced income taxes by about $33 billions (largest tax relieve in history of USA) which up to this date is attacked by liberals as a source of all evil..If one recalls a recession that struck in mid-81 (I lived in Houston, TX at the time and remember devastation that booming city had to endure) inflation slowed, but Houston became like a ghost city with many many jobs lost.. Now liberals demand from recession-struck Japan to Grow their deficit, to cut taxes, to deregulate... In 1984 Mondale and Democrats charged that Reagan's economic policies had greatly favored the wealthy and that Reagan increased tensions!!! with the Soviet Union!! Now 1987-1998. USA-Japan In 1987 the Tax reform and booming economy cut the federal deficit tremendously (despite defence program) Stocks soared untill.. Oct 19, 1987 There is little doubt in my mind that gold will be over $500 and say ABX over $100..sooner than most think