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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Ilaine who wrote (4165)6/2/2001 1:04:22 AM
From: LLCF  Read Replies (1) | Respond to of 74559
 
<The purchasing power of an ounce of gold has gone down in the US. That's deflation. >

Yes, in dollars as I said.... the only place on the globe where it is the case BTW. That coupled with boatloads of economists scratching their heads over the strong dollar should make one wonder about reversion to the mean IMO... not continued faith in provincial numbers.

Not to be argumentative... but if you'll notice here and CFZ talk is always of the unsustainability of what is currently going on, chronicling past data isn't going to change anyones minds.... only the future will do that... or not.

DAK