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

To: Crimson Ghost who wrote (11941)	5/20/1998 5:42:00 AM
From: bobby beara	Read Replies (3) \| Respond to of 116830

George, that full employment and strong dollar are both based on credit expansion, rising stockmarket and goldilocks. A 20-40% correction will initiate a round of layoffs never ever seen before, from brokerages to the latest HOT internet IPO, who can no longer get financing. Now if you believe in the goldilocks theory, we could never ever have such a correction. Deflation is a dirty little word and in the bubble even the bears cringe at it. Complacency rules. Thats how we got to $100,000 Visa cards, when only five years ago you could get one with maybe $5-10,000 max. Thats how we got to 100% car and house loans, 125% equity home loans yadda yadda yadda. 2000 by 2000 looking better by the minute. FIATSCO Warning - get some of the real stuff. bwdik, bobby b