Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: pogbull who wrote (19910)	10/8/2002 11:45:06 AM
From: isopatch	Respond to of 36161

JWRPhD. Good piece. Thx for posting it. <No matter how you cut it, since 1995, the United States has accounted for twice as much world GDP growth as its share in the world economy might otherwise suggest. When America booms, the rest of the world goes along for the ride. When America sags, the rest of the world sinks like a stone. And that’s precisely what’s going on at this key juncture in the global business cycle> <the once-proud US growth engine -- where pent-up demand for autos and housing has been spent and where deflationary risks are mounting> People, ole Iso started pounding the table over a year ago here that the real "New Era" is DEFLATION. And as other analysts and economists slowly come on board, the message will eventually dawn on the majority of investors. We're still in the early stages of a mega debt implosion driven secular deflation that going to last for years. A primary LT trend that comprises a contraction in international trade, lower wages and eventually lower prices for almost everything. Cash is King. And gold "the once and future King" should be added again when the current correction has completed a confirmed bottom. Isopatch