Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Jim Willie CB who wrote (25499)	11/18/2002 1:27:08 AM
From: LLCF	Read Replies (1) of 74559

<gold rose over 60% the leading gold miner Homestake rose 700% maybe you should ask Prechter to explain those two !!> Yea, he's got an excuse for those. <but the MZM is rising fast debt default is not the only way for debt to vanish it can be retired, as Mastercard owners pay off balances dont worry> Doesn't MZM plummet when balances are paid? I Agree with you... and long gold shares... just contemplating the possibility of massive deflation first. Of course even this would be great for gold as the govt would have the fed in there buying dirt off the street to get money to people, no doubt about that. Just not so sure we couldn't have massive liquidation of anything that moves first [including my UAL bonds, hope they pop big so I can unload]. dAK

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