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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (9357)	4/24/2008 8:59:29 AM
From: bearjones	Read Replies (1) \| Respond to of 50331

but this guy (kimberly clarke ceo) is happy as can be with the results of his company. he is not scared of inflation at all ... just something he has to deal with. nothing more, nothing less.... he is not painting an end of the world picture because of inflation, which we all know that we have in various sectors of the economy. he admits that he has has to absorb some higher costs - no big deal - just something a financial person/accounting dept deals with. consumers have somehow been able to absorb higher costs in many areas of their lives. if consumer spending is slowing, then it is just beginning, which is a big driver for the economy. and we know what that means, right? what we have not had is wage inflation, which means that if that is absent, sooner or later, consumers will no longer be able to spend spend spend (ie - discretionary spending). So, wage inflation is needed or else ... tic toc. And, there, probably, will not be wage inflation, sooooooooooooooooooooooooooooo tic toc. and you are correct, miners have been performed poorly for the longs, and they have shown substantial weakness in spite of the points you make about why gold/silver should skyrocket. One point - i see no cheerleading on this board.