The Colorado Rockies showed real class in the divisional playoff with the Phillies, but in the end their pitching wasn’t good enough to tame the Phils’ murderous bats. Walk Ryan Howard with runners on, and you still have to face Jayson Werth. Phillies vs. L.A. should be a great playoff, and a series with the Yanks would be baseball at its best.
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Consolidation above the 442.00 midpoint of a pattern projecting to 492.52 strongly suggests the Gold Bugs Index has the wattage to eventually reach the target.
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What $1,000 Gold Is Telling Us
by Rick Ackerman on October 13, 2009 12:54 am GMT · 27 comments
The inflation/deflation discussion in the Rick’s Picks forum has attracted some interesting comments — none moreso than this one from our Lake Tahoe friend, retired Merrill fund manager and investment maverick Rich Cash:
When we show donors the long-term Econocast Consumer Price Index Forecast to measure against investment performance, they see more than a doubling of CPI over the coming decade after a few minor decreasing negative CPI blips last year. Most people call this inflation. It is institutional inefficiency. It is the cost of government administrations, bureaucrats, congresses, courts and wars on everything, the tyranny of fiat red tape, » Read the full article