SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Derivatives: Darth Vader's Revenge -- Ignore unavailable to you. Want to Upgrade?


To: Worswick who wrote (716)1/4/1999 11:36:00 AM
From: Bonnie Bear  Read Replies (1) | Respond to of 2794
 
Ahh..something "leaked" out on FOX news this morning..that the government was having difficulty servicing its billion-a-day deficit and no end was in sight because nobody is buying U.S. products.
Propping up the stock market for the tax revenue is the market of last resort.
Could the govt also be manipulating gold prices down to buy back a hoard at cheap prices? The REAL market value around here seems to be about $500 an ounce (what people are willing to pay for it.)
The bottom 40% of the U.S. population have $1500 in the market (401K?)
The top 1% have 2.3 million. Or in net worth, the bottom 90% have a net worth of $40K and the top 10% have $1,217,375. Gosh. A propped-up market won't hurt many people.



To: Worswick who wrote (716)1/4/1999 1:08:00 PM
From: Thomas M.  Read Replies (1) | Respond to of 2794
 
David Tice talks about Fannie and Freddie's role in reflating the bubble:

gold-eagle.com

Tom



To: Worswick who wrote (716)1/4/1999 7:18:00 PM
From: Bonnie Bear  Read Replies (1) | Respond to of 2794
 
Goldman Sachs has a webpage for warrants only offered to non- U.S. citizens, it looks like a "who's who" list of new highs today.