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Gold/Mining/Energy : At a bottom now for gold? -- Ignore unavailable to you. Want to Upgrade?

To: GVC who wrote (1798)	10/6/1998 4:19:00 PM
From: Ron Struthers	Respond to of 1911

GVC, if you read my link to "Why it's deflation", you know I agree with you The deflation wave has advanced too far to stop and the IMF is prescribing the wrong medicine, they are actually adding to the problem. The only purpose of the IMF is to try and prevent a global bank collapse, if the succeed they will just transfer all the debt into public coffers, (governments that fund the IMF) these will eventually fail because the IMF is pushing all these countries into depression with their policies. Eventually this will kill the government tax revenues in the funding countries, this is already underway Now they are going to put S America into depression to put off reckoning day for the banks a little longer. To me it is so clear, we are headed for a severe bear market and an economic recession or depression. No big deal, these happen every so often, problem is hardly nobody recognises them any more. Simply adjust your portfolio accordingly and you will do quite alright. Ron