The Epic American Credit and Bond Bubble Laboratory Message Board

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

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To: GST who wrote (90094)	1/22/2008 9:09:11 AM
From: sea_biscuit	Read Replies (3) of 110194

The deflationists out there are celebrating that they have been proved correct! So funny. Makes no sense to me whatsoever. Why can't there be new (nominal) highs later in the year? The Fed is ready to drop money via helicopters if that is what it takes to make a new nominal high. It is downright stupid to say that prices will fall in terms of something that the Fed has virtually promised to produce in trillions, even quadrillions if need be. But it makes a lot of sense to say that the Dow will be selling for 10 or 12 ozs of gold (from the present 13.5 ozs or so). So Dow = 14400 and gold = 1200 is well within the realm of possibilities.

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