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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (51277)5/10/2002 11:50:34 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
Dines is right about economic fraud
the Q1 GDP rise of whatever% is nonsense
subtract inventory replenishment and GPD growth was DOWN from Q4
final sales GDP was down sequentially

Hathaway might be missing the biggest reason for movement into GOLD
that is Deflation, not imminent Inflation
GOLD is always spoken of as an Inflation Hedge
but it is also just as effective a Deflation Hedge

Johnson seems way off base
an investor rise in GOLD demand will cause all kinds of shortages
higher prices will take a couple years to bring in new supply
and Japan will not be fixed ever ever ever ever
they are way too fuched up in leadership

nobody referenced seems to believe or state belief that a primary movement is afoot
one that will eventually lead to a GOLD backed currency system again
but with the USdollar pegged at a much higher GOLD price
why?
because the USdollar has been growing on trees, and filling up the silos
/ jim