Big Dog's Boom Boom Room Message Board

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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: excardog who wrote (38100)	1/4/2005 2:52:55 PM
From: jim_p	Read Replies (1) of 206093

Well to set the record straight I went 100% cash yesterday. Time to sit back and watch the fun. Valuations are high going into 05 and this should be the year we get higher interest rates and higher inflation which is never good for the market. 2005=Higher inflation, higher interest rates, lower energy prices (high oil prices have kept long terms rates down in 2004) and lower stock prices. As they say, as far as January goes so goes the year and January is not looking good so far. Jim

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