Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (68939)	4/29/2008 10:38:45 PM
From: carranza2	Read Replies (1) of 74559

Hi, Jay. Thanks for reminding me of all the terrific exchanges I had with marcos, a terrific fellow and very smart, though he needs to come out of the tunnels and mines more often. Hard to believe that I went from a gold doubter to now holding as few shares of the gold ultralong ETN. I am hunkering down for a siege. The fundamentals are terrible yet the dollar rallies. MZM still going crazy, no signs of slowing down: research.stlouisfed.org So I go my lonely way, Swissie, gold and oil in hand, getting clobbered in the last few days, but keeping my eye on the fundamentals for they don't lie and they will eventually assert themselves. Do you think the credit fiasco is over? Not me. Bank of America is digesting that horrible dog's breakfast called Countrywide while Citi's SIVs are a circa $80 billion fiasco in the making. Lehmann is skidding, etc. etc. And there is a war, recession, deficits, the Weimarization of the dollar........the way I see it, it is nuts not to own gold and the Swissie for the hob-nailed boot can drop at any time. C2@voiceinthewilderness.com

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