To:John Barendrecht who wrote (213)
From: Bobby Yellin Saturday, Jul 5, 1997 7:22 AM
Respond to of 79916
I sit in amazement...wonder what effect the drop on gold prices will
have on the Australian tax revenues.... I really think we are witnessing the transfer of economic power from the west to the east..
if wealth was being distributed more evenly in the USA and unemployment wasn't high in Europe I would say all is well and what a
smart move...why back up currency with a non printable...but because
I don't see this to be the case and I see a potential calamity if the
market crashes and peoples' retirement funds crash with it..who knows..maybe the tax code will be rewritten and the middle class will
be bailed out that way...
the article about China defending the dollar for HK's sake...I don't
quite know how that is different from a house of cards....also people
who are in the markets to make money think money...not other people's
welfare...interesting times...
Market Data 
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