The Swamp Message Board - Msg: 24939636

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Strategies & Market Trends : The Swamp

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To: rubbersoul who wrote (387)	9/11/2008 9:17:21 PM
From: SwampDogg	1 Recommendation Read Replies (5) of 491

If the U.S. goes into a depression the natural direction of the stock market would be down but if money is worth less and less than the stock market could rise in nominal terms (ie shorts should be careful). Gold will skyrocket and gold mining will be a very good business. If people do not buy the stocks and I think that they will) then gold companies will pay out huge dividends in gold or cash or buy back stock. Base metals I am neutral on. Oil is a good business Also do not forget that just because the West is broke does not mean that their are not rich people in the world. Apparently there are massive orders for gold outstanding from the ultra rich and there is not enough gold. Silver dealers are selling coins for $20/oz this week. This is the real market. The paper market is a bogus Fed job so they can cut rates. Watch them do it in the next week. My guess is that some of the miners will be holding back delivery thus putting more supply pressures on the market. Why would a silver company deliver at this price when the price will be 40% higher in a couple of weeks? They sure have shaken you guys up.

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