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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (958)6/30/2002 11:51:42 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 89467
 
rising economy is enormously bullish for gold, little understood

with rising commoditie prices across the board
with absolutely huge unprecedented colossal big big monetary inflation with Fed Printing Press money creation
with declining dollar and its effect on imported price rises on both finished products and components

we are setting up a return of price inflation
Pimco's Gross think upside limit is 4%
I hate disagreeing with legendary experts

but Gross regards China as a big deflationary force
he expects their exports to total $1000 billion in next few years

if CPI stays below 4% until 2006, I will be shocked
Gross deals in stages, with few comments real far out in time
he might change this 4% CPI limit
we will see

gold might possibly rise far far more than from inflation hedging
I cite 19 other reasons, and most are still operating in full force
/ jim