MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: Zeev Hed who wrote (52396)	5/27/2000 7:35:00 PM
From: Haim R. Branisteanu	Read Replies (3) of 99985

Zeev, cost of money should be around 3% above inflation to have a non inflationary expansion. Also governments should be honest about the statistics they desseminate. Non of the above was done under this administration, or in other countries like Japan for example. Playing with statistics and interest rates for personal or political gain is criminal as defined by law. Just try to submit an in accurate financial statement to an FDIC insured bank. As to gold may I differ to your assumption - gold as a growth hindering asset and generator of inflation. Inflation is achieved by monetary and fiscal policies of governments and CB's and not by gold. BWDIK Haim

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