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


To: TigerPaw who wrote (6540)9/17/2002 9:03:56 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 89467
 
London wouldnt kick gold down, but NYC is still kicking it

kitco.com

was up to #316 earlier this morning
gold represents brilliant money
stocks represent the dumbest money

gold doesnt fake out easily
/ jim



To: TigerPaw who wrote (6540)9/17/2002 9:17:20 AM
From: Jim Willie CB  Read Replies (2) | Respond to of 89467
 
economists get the Industrial Production wrong badly (again)

they expected +0.2%
we got -0.3%

the great majority of macro-econ data is negative
it makes liars or fools out of economists
who get it wrong almost every time
the reasons are many, spoken ad nauseum here

the path to endless recession or stagnation continues

THIS AINT YOUR USUAL BUSINESS CYCLE, MRS. EDGERLIE

/ jim