TSXV:NORA.H - Post by User
Post by
schilajewon Dec 13, 2007 11:09am
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Post# 14014186
The perfect financial storm
The perfect financial stormFolks the increase in the wholesale price is the beginning of the 3rd leg of the perfect money storm. The increases won"t happen overn ight. But there are already increases from aerosols to auto parts,and the wholesales can't handle the fixed costs let alone the variable costs which means they looking at over 10% increases. What this means is that any mining operation you have stock in the mining resources ,add 10%. To Ok with 73 mil add 7 it's in real value a 80% mil. The fed will make other moves and create more problems. Metals,metals metals. In my life I thought of recessions etc. Folks we could really be in a North American depression in about a year.