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Gold/Mining/Energy : Precious and Base Metal Investing
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To: Canuck Dave who wrote (21641)10/3/2003 2:30:03 PM
From: Louis V. Lambrecht  Read Replies (1) of 39344
 
CD - My fear is that the next financial system will be based on inflation. In other words, money will be allowed to be created as long as the borrower:
1. stays in an acceptable range of inflation
2. remains able to service the debt (forget of ever paying back the pricipal).

What I understand of my readings anyway.
This, indeed, is no way to manage business. Price tags in retail outlets would have to be replaced by counters as those of your gas pump.
That is impractical. <vbg>

Somewhere between now and the election, the game stops.
Lotsa losses to incur if you are at the wrong side of the fence at the wrong time. You can be right the fundamentals, but wrong the timing.
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