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

To: goldsnow who wrote (19316)	9/19/1998 6:14:00 PM
From: Bobby Yellin	Read Replies (2) \| Respond to of 116758

soapbox time have you read the article on derivatives in Baron's I assume exchange2000.com this is the best presentation I have seen for the accident waiting eagerly to happen to send gold to the moon and beyond.. I find it one huge joke that Rubin and company are pushing congress for more IMF money ..since the big players are just simply playing rather than investing.. also the other irony is that people complain about over production which helped cause the demise of SE Asia.. there wouldn't be "overproduction" if the wealth hadn't kept flowing into a tiny group and also speculators who appear also to lose it bigtime..(still think Greenspan should have let some of the big banks fail here instead of letting them now possibly trip up on derivatives and also I guess start tripping up on lending again ie Nike..if Nike had paid its labor more instead of worrying about coporate profits and shareholders,they definitely would have had more consumers.. heard one of the senators during the Greenspan meeting asking for IMF funding reciting a litany of respected individuals and groups who stressed the failure of IMF policies. At one point he said that the IMF gave Russia 20 billion dollars..he added that seven years before at least Russia manufactured things,he said now,more or less to add insult to injury minus the vaporized 20 billion,they don't even manufacture anything! went with a friend today to an At&t location..she wanted to change her service contract..just another example of corporate America..we waited in line for a very long time..another customer at that point was complaining loudly that he had been waiting in the wrong line for so long and why in the world didn't they have a sign or something saying what services what.. then when my friend tried to change her contract,the woman said you can't do it here..my friend,with more patience than Penelope's..(unlike mine,possibly akin to a three year old's,) asked if she should go into another line..no that line didn't handle it either..she had to call a number.. the worse part of the story was that she was paying more than if she opted for a plan with twice the number of minutes..what an example of how to quickly build a "total lack of faith" in a customer. ."submorons" must be managing the world..