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To: NOW who wrote (92974)8/1/2001 5:59:13 PM
From: Davy Crockett  Read Replies (2) | Respond to of 95453
 
Don't know. However it ends, it will not be pretty IMHO

Deflation. Inflation. Maybe an unprecedented confluence of the two.

Both are still on the radar map. And we are still @ risk from one or the other (or both).

Although don't listen to me... I did not play the rally today or yesterday... (much to my chagrin, I usually play these things... just too hot I guess)

I'm happy with my Gold stocks though:)

Regards,
Peter



To: NOW who wrote (92974)8/1/2001 6:07:27 PM
From: Edmond Katonica  Read Replies (1) | Respond to of 95453
 
davidd

In the 70’s we had a much,much smaller economy. The world has truly been transformed since that period. What was the GDP .??? in the 70's

Its now over 10 Trillion. If you add the growth in the world economy, you are dealing with a new world.
Comparing money suppy today with the 70's."? Not possiable
unless you factor in many many adjustments

Once again we are the reserve currency for the world.


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