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Re: federal reserves post# 42760

Wednesday, 11/06/2002 7:23:08 PM

Wednesday, November 06, 2002 7:23:08 PM

Post# of 704041
just rambling,

the real worry is deflation. Money has no use now:
what can it buy: a factory that can not make any more goods, a house that costs too much, a bond that pays 4%?

but gold is such a meaningless symbol. how about an industrial metal that needs to be used independent of the economy. thorium? niobium? (please do not think I have any knowledge whatsoever about these elements other than their place on the periodic table) anything other than depleted uranium needed for defense stocks and commodity production?

Silver has been mentioned, but I always thought there was a huge supply and it is mostly industrial and with silver going out of the film business..........

the real success will be to bring the 2.2 billion people middle east and south west asia and russia on line as consumers to use this factory capacity

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