Jim,,, Being a soapbox economist allows me to speculate.
..Sometime this holiday season, Mr. Greenspan will have to go out and purchase a gift. Maybe he will even go into a market! This may in turn cause him to realize that only certain goods have come down in price....{ Top of line computers, cars,& clothing have risen in price along with food and lumber --- The quality which we desire! }
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This Jan or Feb ,,,All things appear to be comming to a point. Asia will look to be a place for growth again....Euro dollar will be strong...The stock market will have reached another peak!!!.....And there will be a realization of inflation....The kick -- Corporate profits will feel the sting of the recient asia currency drop.
..... The fed will do what they always have . Ignore the teachings of Minsky, Vickrey, and Keynes. ( The effectiveness of prevention policies has been deteriorating and the " The cat is out of the bag".}
......Golden Eagle is good investment,,,Simply because they have the blank blank blank in the world....Despite all those shares of stock! |
