Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 173.50

-1.8%

3:31 PM EST

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To: Jim Willie CB who wrote (116045)	3/27/2002 4:46:11 PM
From: Art Bechhoefer	Read Replies (1) of 152472

Jim, although you credit Greenspan for future inflation, don't you think the irresponsible fiscal policies of Bush & Co. deserve equal or greater credit? Resulting higher interest rates for the U.S. would probably INCREASE the value of the dollar in relation to the Euro and yen, at least in the short run. As for sources for silver, a great deal of silver is reclaimed from photo processing. This is a source that cannot be ignored. As for gold, new discoveries plus improved metalurgy assure adequate supplies for every eventuality except for a rampant, worldwide inflation. I'm sure a lot of investors are assuming that such an inflation will occur in the next few years, but I don't see any reason for a major change UNLESS the administration continues or accelerates its reckless fiscal policies. Art

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