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.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (73541)	7/17/2001 6:39:00 PM
From: Ahda	Read Replies (2) \| Respond to of 116753

Richard if someone came on this board calling you a fool I would immediately come to your defense. Why because i feel you know what you are talking about, excluding when you and Rarebird are clashing horns with each other on non gold related issues. If there is a currency problem yes there will be a huge move in gold. Property is too high in LA. Costs are extremely high for anyone considering expansion here. Wages must go up to meet costs, yet employment is contracting to reduce costs. This is going to be one weird soft landing. Where property remains inflated and there is an increase in unemployed people. Interest rates are trying to induce expansion and have succeeded in extending credit card use but cargo docks are not working on a full capacity base. This soft landing has many feeling like they are getting bruised softly or no it is an ouch. Ask those who are looking for jobs and those who need an increase in pay to meet the costs that are higher than their ability to pay. So we have wages going up for those employed and less jobs for those that aren't. We could have more growth in other parts of the nation but we will have increased costs to ship to other parts of the nation stemming from our costs here. Soft landing now equals more inflation and less employed people. It could of equaled what went up came down just as fast. Instead this is becoming a gradual diminishing of our higher standard of living for the middle class and lower class. In trying to save costs under table people are used and i understand where they are coming from. However this does little to raise the life style of low cost labor here or assist in maintaining the costs of our nation. My son gets many applications from people elsewhere to program at far less cost than what is paid here. The money saved is purely company savings on costs. This does not contribute to our internal growth. I don't blame either side but costs are too high here for too many companies with level headed CEO's who are not consumed in self greed. The company is finding costs exceeds profits the methods to save costs are varied. This could be one of them but this impact is not ideal for the nations growth. Labor costs are important this seems to elude us entirely on the currency market. Canada i feel is a wonderful example she priced her self out of the market due to her regulations and heavy government that is too costly to maintain. Alberta is trying for less regulation and are finding they are more marketable. US put on credit 'watch list' Monday, 16 July 2001 12:08 (ET) Has this occurred before and if so when?