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otraque

05/22/03 10:28 AM

#110117 RE: lee kramer #110057

<Back to our story: Over the decade of the '70's,> That is why i see deflation as interim possible invent before rampant inflation caused by far too much printing.
<Conclusion: Yes, our government is introducing more funny money into the economy, to try to get the economy moving again. It isn't working. It's like "pushing on a string." It may result in higher prices later, [we're having the inflation now...rising prices are the RESULT of prior inflating, not the cause.]

So gold will likely rise, [it already has]...but a parabolic move up? I doubt it. I see gold in an uptrend, but also a trading range. 'Course, I could be wrong about this. But I suspect the probability is pretty good that I may be correct. We shall see.>> agreed, unless some unexpected invent occurs.
Let's put it this way, i see Gold and Silver in a LOOOOONGTERM bull trend, as many as 10 years .
For those not wanting to market time, and have a looongterm time frame, gold and silver are buys now, imo.gd