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

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To: bart13 who wrote (79937)3/13/2007 10:08:14 AM
From: Real Man  Read Replies (2) of 110194
 
"My sense is that this isn't the last train out before the final
implosion... and I'm also not betting the farm on it."

My sense it is, although I'm not betting the farm on it.
I'd be careful with gold here. No clue what it will do.
Credit implosion will cut liquidity, and liquidity
is what drives gold. Could melt both ways, up or down. Down will
be a buying opportunity long term, though, as I'm pretty
sure how the Fed will respond after the meltdown. I disagree
with Russ - it will not be "them" who will pull the plug,
it's Joe 6p who can't pay his mortgage.
"They" were the great enablers of easy credit, so, they (the
pigmen) will go down with the ship. So will the bullies.
The dollar implosion will start as the economy weakens, so...
gold will be resurrected eventually, and rise from the dead.
Just need to wash out all the riskloves. Temporary large drop
is sure possible. I think it's over.
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