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Old 01-08-2004   #7
Monk
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Join Date: Oct 2002
Posts: 497
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Quote:
we are coming OUT of the recession
in whose opinion? some CNBC analyst?


Quote:
they CAN NOT do it now, without taking the MAJOR loss....
may be true that they would take a major loss... but that is like saying you CAN'T sell ARBA at 80 because it was once 200...... of course you can take the major loss but avoid an even larger one.


Quote:
and what are your figures about the rest of the world?
what %% is debt in relation to income?..
countries range from similar to better to much better than the US. Asia is fantastic in this area.....


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the rumor perputrated by gold oriented newsletters...
why do you think this is a rumor? do you have any basis for that? I have read several articles on the issue and they weren't from gold bugs


Quote:
Inadequate reserves - in whose opinion? newsletters writers? ...
in MY opinion from reading several different sources. Do you have inside information?



Last edited by Monk at Jan 8 2004, 10:17 AM
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