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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 159.13-4.4%Nov 11 3:59 PM EST
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To: Proud_Infidel who wrote (10486)7/18/2002 2:07:29 PM
From: Jim Willie CB   of 10921
 
because most economists regard gold as metal, not money

and others dont regard it as a DEFLATION hedge
they understand it to be an INFLATION hedge
that is easy

they begin with a flawed premise, and dismiss the evidence
their premise is that paper money is worth more than its printed issues

they have fallen to political forces and pressures
without the right to print unbacked currency, socialism loses its spending power
that is untenable, therefore dismissed as "obsolete thought"

unfortunately, past historical panics have demonstrated vividly that certain economic laws do prevail

/ jim
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