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

[Neil.Beddoe at raidllp.com (Neil Beddoe)]

Hi,

Technically you are probably correct but I spent my twenties in chronic debt 
and I'm never going there again no matter how compelling the economic 
argument.

Like I said, I thought this up after I'd spent the money which should tell 
you a lot about why I spent it.

Neil

-----Original Message-----
From: lug-bounces+neil.beddoe=raidllp.com at leica-users.org 
[mailto:lug-bounces+neil.beddoe=raidllp.com at leica-users.org] On Behalf Of 
Ken Carney
Sent: 08 October 2009 01:23
To: 'Leica Users Group'
Subject: Re: [Leica] The Markets are Telling you to Buy Leica Gear

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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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.