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Politics : Stockman Scott's Political Debate Porch

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To: Kip518 who wrote (6426)9/14/2002 6:09:18 PM
From: Jim Willie CB   of 89467
 
brilliant article by Forsyth, who exited Barrons 2 yrs ago
he touched on every single sensitive spot with huge relevance to stocks and financial markets

I used to pick up Barrons back in 1993,94,95,96,97,98
the first thing I used to read was Forsyth on credit markets
he always discussed the biggest most important stuff

surprised OHiggins didnt mention the #1500 gold target
in a couple years, the Fed will be promoting as much inflation as possible to continue prevention of economic implosion
because GUESS WHY ???
THE DEBTS WILL NOT NOT NOT GO AWAY
they will in fact keep rising, even as rates reverse soon

the problem the Fed faces is that they do not control where the expanded money supply goes
money finds the path of least resistance toward profiteering
AND THAT IS COMMODITIES
sadly, rising material and energy costs will be just another huge log on the recessionary fires
it will pinch already skimpy profit margins

nice dig, thanks, jim
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