Archived posting to the Leica Users Group, 2009/10/07
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Yes. Ceteris paribus, real inflation robs value from the lender (i.e., fixed income investor) and rewards the borrower. However, while inflation might be a problem a year out, I think the falling dollar might become the more immediate problem for the Leica buyer. -rei Ken Carney wrote: > 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 >> >> >> . >> >> This message is intended only for the use of the person(s) to whom it is >> addressed. It may contain information which is privileged and >> confidential. Accordingly any unauthorised use is strictly prohibited. If >> you are not the intended recipient, please contact the sender as soon as >> possible. >> >> It is not intended as an offer or solicitation for the purchase or sale of >> any financial instrument or as an official confirmation of any >> transaction, unless specifically agreed otherwise. All market prices, data >> and other information are not warranted as to completeness or accuracy and >> are subject to change without notice. Any opinions or advice contained in >> this Internet email are subject to the terms and conditions expressed in >> any applicable governing Marble Bar Asset Management LLP's terms and >> conditions of business or client agreement letter. Any comments or >> statements made herein do not necessarily reflect those of Marble Bar >> Asset Management LLP. >> >> Marble Bar Asset Management LLP is regulated and authorised by the FSA. >> >> _______________________________________________ >> Leica Users Group. >> See http://leica-users.org/mailman/listinfo/lug for more information >> > > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information >