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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Tim McCormick who wrote (10389)2/17/2000 2:04:00 AM
From: KeepItSimple  Read Replies (1) | Respond to of 42523
 
>Just maybe those Arabs don't want our fricken fiat money no more.

I agree. The US dollar has been devalued without the citizens even realizing it. The US prodded japan into joining the printathon, so our currency doesn't look too bad to the naked eye compared to theirs.

Palladium, Rhodium, and Plantinum have doubled within the last year. Rhodium has tripled, actually.

Oil prices have tripled.

In other words, the main commodities on this planet that cannot be printed at will by greenspan.com have increased in price by 100% or more. The rest of the world knows our inflation is spiraling out of control, but as long as the CPI number is cooked just right, everything will be ok.



To: Tim McCormick who wrote (10389)2/17/2000 5:49:00 AM
From: re3  Respond to of 42523
 
Message 12896011



To: Tim McCormick who wrote (10389)2/17/2000 5:52:00 AM
From: re3  Read Replies (1) | Respond to of 42523
 
so if oil is worth what ever they want for it maybe its a great hedge against any meltdown. hard assets even if they are in liquid form. why 'got gold' and not 'got oil' then ?



To: Tim McCormick who wrote (10389)2/17/2000 9:16:00 AM
From: Lucretius  Read Replies (1) | Respond to of 42523
 
too early for, that's a yr or two down the rd.... all the WS houses came out and upgradded the drillers and oils this morning.... they are a SELL.


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