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Strategies & Market Trends : Waiting for the big Kahuna

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To: mishedlo who wrote (67311)11/12/2003 4:38:36 PM
From: Real Man  Read Replies (1) of 94695
 
I expected it would (OTC derivatives market). Otherwise,
I'd have to confront MM about the Crash myth by now -g-
It's THE credit bubble, and bubbles have to expand
or die.

Now, gold - it will very likely crash too if there is a
derivative collapse. Both gold and stocks react to expanding
(or contracting) money supply. It will contract dramatically
after a derivative meltdown. That's why poots are important.
Just in case. I'm not entirely sure about gold, it may also
shoot up in this event, since it's insurance against such
things. But that's not a given, IMHO (see above regarding
the money supply)

The other scenario is much worse, when in 2010 the dow will
be at 1,500,000,000,000,000. You will also be able to get
a Big Mac for only $2 Trillion -g-
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