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Non-Tech : Raptor's Den -- Ignore unavailable to you. Want to Upgrade?

To: velociraptor_ who wrote (6546)	12/18/2002 1:12:46 AM
From: Win-Lose-Draw	Read Replies (2) \| Respond to of 10157

if the breaking point is truly upon us, the smart thing to do is load up on as much debt as possible and enjoy what's left of the good times. make sure to blow it on good times, not on assets, because the good time can't be taken away from you. (almost) everyone is in the same boat. they can't cart all of us off to debtor prison. -g/ng-

To: velociraptor_ who wrote (6546)	12/18/2002 7:13:11 AM
From: Clappy	Respond to of 10157

Interesting article. Was there a link for that? A little hard on the eyes, but interesting. <edit> Just realized it wasn't an article. Nice reply. You should get a job with Barrons. <g><ng>

To: velociraptor_ who wrote (6546)	12/18/2002 9:54:48 AM
From: yard_man	Respond to of 10157

lotso elliotician's calling for this ($200 gold) -- I doubt it for a number of reasons #1 Is the unwillingness of CBs to accept accelerating deflation (not saying they can stop it) -- only that they will be terribly agressive, e.g. Bernanke speech. #2 Gold has already been in a fairly dramatic bear market that has seen a lot of mine closures and now demand is rising -- price has only been kept as low as it is now by the threat of CB intervention -- now CBs are no longer in that camp -- they want to raise inflationary expectations #3 there is an expectation that asset deflation -- which we are about to experience in earnest, precludes rises in the prices of other goods, but that isn't necessarily so -- if energy prices go up -- so do foodstuffs -- people will buy gold to hedge this.