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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Silver Super Bull who wrote (686)	9/10/2003 4:27:52 PM
From: re3	Read Replies (1) \| Respond to of 110194

<<<what would people be buying as the dollar gets relentlessly hammered? i thought this theory was that people would even be selling gold to buy food (or paying other expenses or servicing debt)...

To: Silver Super Bull who wrote (686)	9/10/2003 4:47:43 PM
From: I_C_Deadpeople	Read Replies (1) \| Respond to of 110194

The funny part is (funny as in curious), the $200 call was almost bang on IF he would have seen the bottom at $252. he simply could have stated it was near enough. When it was $252 I recall thinking- why wait? Juniors were already 10% or less of former values, so I jumped in with both feet (luckily guys like Claude and Russ helped tell me where to jump!!). Pretcher definitely believes that deflation wreaks havoc on everything. I am more in the camp of Gold reacts well to any financial stress - inflation or deflation.