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Gold/Mining/Energy : At a bottom now for gold? -- Ignore unavailable to you. Want to Upgrade?


To: ahhaha who wrote (1768)10/4/1998 6:15:00 AM
From: Bobby Yellin  Read Replies (1) | Respond to of 1911
 
I don't agree with you at all..when inflation comes back, it is going to be our government deliberately creating it.
You appear to dismiss the growing number of layoffs in US corporations
You dismiss exported inflation
You dismiss that most of the leveraged hedge funds weren't betting on their computer models but rather that the governments would prevent Russia from melting down and having their computer models based on that faulty assumption
You dismiss the most important lynchpin in the financial markets confidence
You dismiss that the global market can't work if all the wealthy countries only care about their self interest and don't work for the general good of all the workers in the world
You dismiss the that banks have been binging on lending money for gambling on financial instruments rather than for companies which would create more jobs
You dismiss that real estate in US is already headed down here
You dismiss that it is much cheaper to hire India for instance programmers than US programmers
You dismiss that fixed income people are having less and less discretionary money
You dismiss that more foreign governments are putting controls to
prevent speculators disrupting their financial systems
You dismiss that the Republicans are not rallying around the leader to prevent Rome from burning but rather just intent on further cutting off the leader's legs
You dismiss that as US will be forced to lower interest rates,money will flee to other currencies to get a higher return
I can go on and on but I think you will dismiss all the others also :-)
You seem to dismiss the current situation entirely