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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (51482)5/15/2002 12:45:43 PM
From: mt_mike  Read Replies (2) of 65232
 
JW, I am a business/tax lawyer who went for a ride up and most of the way down the tech roller coaster. I decided not to be bitter about riding techs down and started to read the "alternative" media, like Fleck and a lot of the authors over at Gold-Eagle. I also have enjoyed reading Pulpava and his perfect storm series. I learned quite a bit over the past year or so and I believe I am well positioned for the downturn. I have learned from you and guys like Slider over on the Strictly Drilling thread. As you have said we are seeing the early signs of the perfect storm. If we let things unwind naturally and let the debt implosion happen, we deflate the economy and gold benefits. On the other hand if we reinflate (or try to) as Uncle Al has done in the past gold explodes upward. Based on our Feds past history we will try to pump it up one more time. Either way, the dollar will fall and gold will go up.
What did you think of a higher CPI this morning. Funny how the idiots on bubblevision pee in their pants over Cisco earnings and ignore the higher than expected CPI. Oh, but thats right there is no inflation.
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