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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: isopatch who wrote (640)8/26/2001 2:48:27 PM
From: Frank Pembleton  Read Replies (2) | Respond to of 36161
 
Iso, I suspect inflation is the price the world is going to have to pay to keep the U.S. a super-power. Who would dare call in a loan with a country that has several aircraft carriers?

They are (U.S.) keeping the peace, aren't they?

Regards
Frank P.



To: isopatch who wrote (640)8/26/2001 2:52:52 PM
From: Bert  Read Replies (3) | Respond to of 36161
 
Bob Chapman's take on things..any comments?

lemetropolecafe.com



To: isopatch who wrote (640)8/26/2001 3:04:42 PM
From: Roebear  Respond to of 36161
 
Hi isopatch,
From GPM:

Message 16262072



To: isopatch who wrote (640)8/26/2001 4:04:17 PM
From: Roebear  Respond to of 36161
 
isopatch, Good catch, Argentina has less debt/GDP than US!

Good advice on the cash reserves, gives great flexibility and allows one to catch opportunity as it is found.
As opposed to margin which requires one to be correct on both timing and direction and also produces a greatly reduced ability to wait out a short term corrections.

Speaking of which, in reply to your #1 and #2 questions in a subsequent post, we shall see. I suspect (or guess rather) that the hedge funds may be thinking of toasting some goldie shorts, in which case we would have sharks eating sharks, instead of Florida bathers, ggg.

BTW, these markets are such whipsaw strewn minefields I have not used margin for quite some time, not since the late April early May gold rally when I used it for a few days.

I'd have to be REAL convinced, convinced enough so I'd think myself a contrary indicator, to use some of that 4 to 1 stuff the SEC is peddling!!

I prefer at least 30% cash

Best Regards,

Roebear