John >Hard assets? (ie, commodities (ie, gold))
The total value of all gold assets is apparently less than the market cap of one of the larger Dow stocks.
As for other commodities, the CRB index would seem to have gone "over the top"
quotes.ino.com
Here are charts of the individual CRB components and, as you see, there's not a hell of a lot to go for.
stockcharts.com|D
So, as you see, it's almost impossible for anything to seriously challenge the USD. Furthermore, none of the US trading partners really want a weak dollar because the strong dollar (and a weak local currency) enables them to keep exporting. It's quite incredible, actually, the more the US is in debt and the more it prints (money), the stronger the USD gets (within reason, of course). The whole currency situation actually defies logic.
As far what to invest in, well, that's another matter entirely and, frankly, I don't know.
>Interesting stuff to the extent anyone can believe anything these days
I certainly know what and who I don't believe.
>regarding the 'iraqi nuclear program'
That was clearly a pretext to make the war just like, IMO, the rest of the WMD. Anyway, have no doubt that any number of nuclear, biological and chemical weapons will be "discovered" by the coalition forces, in due course, when Iraq is "liberated". That's if anyone is still interested. |
