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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (16584)12/13/2002 5:43:20 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 57110
 
honestly I don't know how you can read predictions like that and take his analysis seriously when he is predicting gold at 3000$... if you don't believe that is possible for gold, I sure don't

To me it seems like he doesn't understand global economics if he thinks we could see an inflationary period like the late 70s again. I don't know where wage inflation could ever come from with the outsourcing trends in place now

He seems to be equating cheap dollars with inflation, thats the fallacy afaic