Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (63800)	2/1/2001 12:45:00 AM
From: ild	Read Replies (1) \| Respond to of 436258

OTC BB:GSRSF.OB - New ticker for Golden Star Resources Ltd. biz.yahoo.com finance.yahoo.com

To: pater tenebrarum who wrote (63800)	2/1/2001 1:51:43 AM
From: Andy Thomas	Read Replies (1) \| Respond to of 436258

thanks Heinz, that reply should be a 'post of the day' (as long as that doesn't 'gum up the works as some sort of contrary indicator' or whatever). Andy (tip-toeing through the clown-free zone)

To: pater tenebrarum who wrote (63800)	2/1/2001 7:37:53 AM
From: AllansAlias	Read Replies (2) \| Respond to of 436258

re: clownbuck As per yesterday's post, once 110.6 gave, it was a quick little trip to 109.6 -- that's the bottom of the rise coming out of the beginning of January. Giving up 109.6 will make things interesting.

To: pater tenebrarum who wrote (63800)	2/1/2001 8:02:35 AM
From: Lucretius	Read Replies (4) \| Respond to of 436258

ooops, CA bailout legislation didn't pass... got bankruptcy?

To: pater tenebrarum who wrote (63800)	2/1/2001 9:04:41 AM
From: UnBelievable	Read Replies (2) \| Respond to of 436258

US Personal Income Report-OVERVIEW Futures World News - February 01, 2001 08:30 --US December personal income +0.4%; spending +0.3% --US December wages and salaries +0.2% --US December services spending +0.9%; durable goods spending -1.9% --US December personal saving rate up to -0.8%; November -0.9% --US December PCE price index +0.2%; core PCE prices +0.1% --US December PCE price index +2.4% from year ago; core +1.8% --US November personal income revised to +0.2% from +0.4% --US November personal spending unrevised at +0.3% --US 2000 personal income +6.3%; spending +7.8% By Simon Kennedy, BridgeNews Washington--Feb. 1--U.S. personal income growth in December topped spending for only the fourth time in 12 months, the Commerce Department reported Thursday. Incomes increased 0.4%, double November's revised gain while consumer spending advanced 0.3% for the third month in a row. In the latest troubling sign for U.S. manufacturers, spending on durable goods dropped for the third consecutive month. * * * Economists surveyed by BridgeNews had predicted that consumer spending and income would each rise 0.2%. Spending on durable goods--such as autos, appliances and furniture--fell 1.9%, the biggest drop since May 1999, after decreasing 0.9% in November and 1.1% in October. Manufacturers continued to struggle amid slowing demand, high interest rates and soaring energy bills. Durable goods are those with a lifespan of over three years, such as cars and electrical appliances, meaning they are the most sensitive to changes in interest rates. Spending on services--anything from utility bills to vacations--was up 0.9%, having been reported up 0.8% in the prior month. Services make up about 60% of consumer expenditures. Meanwhile spending on non-durable goods such as food, clothing and gasoline, was unchanged. On the income side, wages and salaries, which comprise over half of personal income, posted a 0.2% increase, after a rising 0.3% in November. However, disposable income--personal income minus tax and some non-tax payments--rose 0.4%, Commerce said. In 2000 as a whole, personal income rose 6.3%, while spending was up 7.8%. That's a pickup from 1999, when incomes were up 5.4%, while spending climbed 7.1%. INFLATION The implicit price deflator for personal consumption expenditures, the Fed's preferred gauge of consumer inflation, rose 0.2%, matching November's increase. Excluding volatile food and energy prices, the deflator rose 0.1% following a 0.2% advance the prior month. The December index was 2.4% higher than a year earlier, while the core index was up 1.8%.

To: pater tenebrarum who wrote (63800)	2/1/2001 2:13:53 PM
From: Andy Thomas	Read Replies (2) \| Respond to of 436258

hi Heinz, so in simple terms is it sort of as though the stock market contraction of last year precludes any chance of hyperinflation? we speak of al and his 'printing presses' here on this thread. is it actually though that most of the new money is 'electronic' and is simply consumed by the various markets, leaving only debt on the books? in other words, is all of this new money going into those black holes, so there is no way it will ever reach the proverbial wheelbarrows for buying bread? now if the stock market had actually inflated last year and if it were still doing that on an ongoing basis, would the chance for hyperinflation still be there? to me it seems as though the deflation in assets is precluding hyperinflation in other areas. i'm trying to compress the main of your detailed reply into a simple idea. perhaps i am missing the point. fwiw andy