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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: TH who wrote (49359)9/21/2007 3:09:04 AM
From: marcos   of 78418
 
Spot 737.50, usd/cad .995, loonie past parity and still going

That works as an analogy, to say that we probably need the creative destruction of the classic business cycle to clean out the weak and fallen ... but you know, the way our parents' generation viewed fiat money bank accounts, that they were to be grown and preserved at all costs, was never something that impressed me at all, i always figured money was for putting to work, usually by acquiring productive assets ... while using as little of it as possible of course, that's only prudent ... but money is not the end, it is the means, far more important to me than the 'storehouse of value' function is its 'medium of exchange' feature, just use it to change from one real concrete thing to another, basically

Interesting charts of expansion/recession durations - Message 23896832
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