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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: westpacific who wrote (76735)12/27/2006 1:01:57 PM
From: Mike Johnston  Read Replies (2) of 110194
 
It is going to end badly for 60-70% of folks in this country.

Crazy is an understatement. 10-15% inflation with 5% bond yields, insane.

Although i am open to possibility of huge spike in the market(a la Weimar, Brazil, Zimbabwe) i have limited long positions in the market, balanced with shorts right now, since nobody knows when and if that happens.

I am putting more money into gold though.
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