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Gold/Mining/Energy : Franco-Nevada (FN - TSE) - zero debt, cash rich royalty co.
FN 443.00+0.6%Nov 3 4:00 PM EST

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To: CIMA who wrote (459)11/3/2001 12:59:58 PM
From: Traveling Man   of 511
 
Thanks Cima,nice article. I think US interest rates are unbelievably low on the short side. I'm probably wrong,but when the economy bounces back,it seems it may bounce back so hard and fast as to create some demand inflation.

You know,the end of the cold war and it's attendant reductions in huge defense expenditures caused a deflationary effect worldwide.

I think this effect will die out over the next couple of years as US defense spending will soar again.

TM
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