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

To: Crimson Ghost who wrote (10028)	4/16/1998 3:11:00 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 116753

George; Bar some big catastrophic event, ie. nuclear war, or imminent & impending massive meteorite collision, We have kissed 7200 good by...if by some remote chance bar the above it hit or went below 7200..you and I could not get in a sell or buy order as the brokers phones would be off line, and only the big gorillas would be trading..as only they could place orders the down spike may look real bad but the amount of shares traded below that point would be less than 1 or 2% of the market I'm not sure a nuclear war would set her down for very long.. ---------------------- This future we are flying into is nothing like the past..useing the past to view it would be like turning backward in your car and holding up a rear view mirror to drive down a super highway while looking backward and using the hand held mirror to navigate with. ------------------------ People need to get use to future shock..huge surges forward in efficiency and productivity..I'v worked the oil fields offshore, we find , drill and produce oil cheaper than ever before.. if it were not for taxes you would be buying oil for 25 cents a gallon. Not just the TAX on he oil and gas..but every one that touches it has to pay an income tax that runs it up to. Take all the TAX off and the raw cost to suck it out of the ground would only be about a dollar a barrel. -------------------- It's not just Hi Tech thats pushing us froward..take paint..the paint we use today offshore was never heard of back in the 70s its tougher and last 10 times longer. Your car tires are geneally good for 50K mi or more..heck I remember when 10K was good, and 20K was the very top of the line. If you shop around you can fly coast to coast for $99...use to would cost you most a grand. That leaves more left over to put to work.. Wages are not driving any infaltion..if any thing is driving that it's the huge monopolies who get pricing power and sock it to the puplic..that and interest rates are like a system tax.. you have a hard right wing team of vultures that want to feed on compund interest and never risk a cent in building for the future. They fight and push for higher interest rates at every turn but any fool can see that we all could not survive if we all just lived on interest..it taxes a system but in spite of their sick ideas we still forge ahead faster than they can steal it..in ten years the Dow will be 20000 easy, it will have kicked out a few companies and brought in some new ones. Jim BTW Gold has kicked up a little on this side of the pond since the London fix..look for short term rise..I think 306 is now support level.