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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (28416)3/12/2005 9:26:09 AM
From: Wyätt Gwyön  Read Replies (2) of 110194
 
really outperforming the Euro, and about all other currencies:

hoo-hah! that's what i was hoping for. gold is money and currencies are a bunch of one-legged men in an ass-kicking contest.

powerful flucht in die sachwerte driven fund buying in grains underway

it's not just the FIDS bid--the real demand is much higher than expected for commodities, as everyone continues to misunderestimate the china factor. and when it comes to oil, they also misoverestimate OPEC and non-OPEC sources. meanwhile, the global economy has not ground to a widely predicted halt at $50 (just like it didn't at $40 or $30 according to the conformist predictions at the time). obviously, the world still thinks oil is worth more than green toilet paper.

btw, if you didn't see it already, the PDF posted by ild a couple days ago of SoCal RE bubble (series of color-coded maps) is a must-view.
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