Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Silver Super Bull who wrote (15022)	7/1/2002 10:04:38 PM
From: Little Joe	Read Replies (1) of 36161

I am almost sorry I posted my comments as I think this is mostly off topic. But my original point was that I was skeptical of the so called real estate bubble because everyone was talking about it as though it were fact and that bubbles are typically not recognized by the mainstream media until after they broke. I am not arguing that real estate can't crash, but that it is unlikely to occur now. I believe the fundamental reason is that the Fed will continue to print money until they drive the value down to zero. I don't think the depression scenario is right I think it will be inflation. If the government has to start sending tax refunds to everyone in America to stop deflation they will do it. I do not believe that there will be a depression - at least not until after some hyper inflation. Little joe

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