Financialsense (FSO) - Jim Puplava forum Message Board

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Strategies & Market Trends : Financialsense (FSO) - Jim Puplava forum

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To: the navigator who wrote (13)	12/3/2007 9:20:30 PM
From: sea_biscuit	Read Replies (1) of 125

The most intriguing call from Puplava is for the Dow to head beyond 15000 and even towards 18000 - IF the interest rate cuts continue into the next year. As things stand now, we can probably guess that there will be rate cuts of 100-150 bps going forward. In the light of the earnings recession now underway, I wonder how Puplava expects the markets to not only hold but also advance. What happens to the P/E ratios then? Or would valuations not matter anymore as we proceed towards hyperinflation? Any thoughts anybody?

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