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To: surfbaron who wrote (116194)	3/28/2002 10:05:01 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 152472

you got it, repeat of 1970's stagflation very stagnant economic growth from excess debt everywhere you turn is colossal debt but with inflation, led by energy costs by this time next year, natural gas will go thru roof the energy crisis only took a breather Volker was a strange bird he killed inflation by raising rates steeply and keeping them high for years different era, reacting to tripled energy costs across board we come from different envmts, 1975 vs now but the game will look the same from inflation to stagflation in 1975 from deflation to stagflation in 2002 it doesnt matter where you come from it matters where you are and best yet, it is of paramount importance how you react NATURAL RESOURCES, with scarcity, with pricing power mine are oil/gas and silver gonna ride this all decade long I figure by 2006, a new bubble will be forming mine will be natural resources, which I will own then back to Florida with reduced risk / jim