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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (16821)9/3/2002 10:01:18 AM
From: J.B.C.  Read Replies (1) | Respond to of 17639
 
K-cycle could be right on, but two things really bothered me in that "newsletter" :

"So with those losses, it’s absolutely impossible
for the Federal Reserve to print money fast enough to overcome those kinds of losses.."

followed by this statement:
"the Federal Reserve can print all the money it wants,..."

That seems somewhat contradictory.

Then Ian is asked this:

"Is there any circumstance, in your opinion, in which we might have general deflation in the financial markets, general deflation in the economy, but some form of inflation in certain commodities?"

Ian answers NO! After he just spent 2/3rds of his reponses on being in gold (commodity) because it would go up, duh.

Jim