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Strategies & Market Trends : Strictly: Drilling II

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To: Crimson Ghost who wrote (1418)9/11/2001 10:08:46 PM
From: ItsAllCyclical  Read Replies (2) of 36161
 
For what it's worth US companies on foriegn exchanges getting hit very hard.

de.finance.yahoo.com

Microsoft down 16%.

Can't imagine the US dollar will survive as the "world's currency". Even if CB's manage to contain gold short term they can't stop both the US dollar's collapse the ultimately the rise in gold as a refuge of last resort.

I don't see energy shares doing well even if oil prices spike as energy shares are closely related to overall economic health. Any bounce in energy shares will get sold into imho.

Not the way I wanted to make money, but it's time to start creating a plan for the ensueing chaos.
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