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To: mishedlo who wrote (267885)11/18/2003 8:55:39 PM
From: Secret_Agent_Man  Respond to of 436258
 
"I believe three or four or five years from now we'll look back at today's price of $400 dollar gold and ask ourselves, "Where the devil were we? What were we thinking about? Gold at $400 was cheaper than dirt. Why didn't we recognize this back in the year 2003?"

As I see it, this is one of those rare times in an investor's life when he can buy an undervalued asset at a bargain price. This is a time when you can buy real money with fiat paper. At this time you can buy real money, gold, with "junk" fiat paper which is created "out of thin air" by the Federal Reserve.

Big profits have already been made by those who bought gold and gold shares two or three years ago. But that is nothing compared with what I see ahead -- as the bull market in gold moves on. We are now in the accumulation phase of the gold bull market, This is the phase where seasoned, knowledgeable investors build their positions -- even while the public and most neophyte "investors" are either ignorant of what's happening or at a time when the public actually dislikes the very product which could make them a future fortune."

321gold.com



To: mishedlo who wrote (267885)11/18/2003 8:58:21 PM
From: Bid Buster  Read Replies (1) | Respond to of 436258
 
If your betting on deflation your going to lose big.
First off..
falling dollar makes imports more expensive thus it takes more money to buy the same goods and services.
Second..
What better way to wipe debt off the books with hyperinflation?
Debt problem solved..and i'm convinced thats what the fed is trying to do in a controlled way...but i doubt they can control it.