Archived posting to the Leica Users Group, 2009/10/07

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Subject: [Leica] The Markets are Telling you to Buy Leica Gear
From: ricc at (Ric Carter)
Date: Wed, 7 Oct 2009 11:24:07 -0400
References: <443AB36EC9613B4A93DCC51E16BA4DF9A814A1EE@LONMAIL.mbam.local>

you da man, neil!!


On Oct 7, 2009, at 11:12 AM, Neil Beddoe wrote:

> Anyone trying to justify spending their hard earned cash at the  
> moment should take note of the gold price which is going up and up.   
> Among other things it's a pretty good indicator of inflation  
> expectations and given the size of government deficits around the  
> World I'd say it's spot on.
> What does this mean for Leica users?  It means that prices are  
> likely to continue to rise and it makes little sense to put off  
> buying that piece of kit you've always wanted, especially if are on  
> a fixed income since it will only move out of your reach later.   
> This only works if you've got the cash;  buying on credit is as  
> always a very silly thing to do since one effect of rising inflation  
> will be rising interest rates.
> I really wanted that Nocilux 0.95 and this is the best justification  
> I could think of. I hope it works for you too.  At least if the  
> markets are wrong (this is not unknown), you'll have some great  
> stuff to take pictures with.
> Neil
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In reply to: Message from Neil.Beddoe at (Neil Beddoe) ([Leica] The Markets are Telling you to Buy Leica Gear)