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Strategies & Market Trends : Waiting for the big Kahuna

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To: sandeep who wrote (45969)2/16/2000 11:07:00 PM
From: edward miller  Read Replies (2) of 94695
 
Sandeep,

What you have seen in the last few years is an anomaly,
made up of dropping commodities, especially crude oil,
coupled with hedgers shorting crude, commodities and
gold. This gives the illusion that inflation is dead.

Wake up. Look at the prices of drugs, cars and houses,
not to mention food. If you have a family with even
one person who continually needs medication you would know.

Some day the worm will turn, and it could be happening
this year. It certainly has in crude oil, which is likely
to be much more expensive, on average, in the years ahead.
There will be dips, but I am very confident we will never
see $15 crude oil again - not ever.
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