[Leica] The Markets are Telling you to Buy Leica Gear

[kcarney1 at cox.net (Ken Carney)]

Neil,

If you believe (as I do) that inflation is going to be severe, are you not
better off going into debt for your gear (assuming a fixed interest rate)?

Ken

> -----Original Message-----
> From: lug-bounces+kcarney1=cox.net at leica-users.org [mailto:lug-
> bounces+kcarney1=cox.net at leica-users.org] On Behalf Of Neil Beddoe
> Sent: Wednesday, October 07, 2009 10:13 AM
> To: 'Leica Users Group'
> Subject: [Leica] The Markets are Telling you to Buy Leica Gear
> 
> 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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