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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (13305)5/27/2002 8:47:23 AM
From: Louis V. Lambrecht  Read Replies (2) of 36161
 
Frank - Catching the bottom like we did in the precious metals sector was the easy part
How true! <vbg>

Can find entry prices to increase my exposure. <ggg>
Busy scanning European bourses.
Btw, sold my PDG while still in profit.

G3 competitive devaluation? Who cares, as long as PoG keeps rising in any currency?
If Nobel price winner Stiglitz is correct, fiat money will be replaced by fiat credit anyway.
Logical: your would be authorised to spend the money you want as long as there is some credibility that you can follow a minimal re-imbursement plan. Credit-cards companies already are reducing that minimal plan to avoid delinquencies.
Here an already old link:
cbs.marketwatch.com
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