hello wanderer, i am nutz, but you knew that, so not fair :0)
<< Stocks are too cheap to resist and the crisis is behind us!>>
I agree, especially if one's time horizon is 10 years or more ;0)
<<We will be saved by the world CB's.>>
- i am counting on it - i am not fighting the fed and all central banks, had always been aligned with the fiat money inflation force
I am thinking: - we might no longer in newtonian space, with the everyday familiar
- we could have entered into a black hole, where light does not escape
- there will be lots of hammering, but we cannot know where, who, what and how of the force that guides the hammer or even it is at all guided
- suppose rmb : usd devalues / reverts back to 8.3:1, or over shoots to 12:1, or if the yen hammers 85:1 - what would happen?
- the usa congress had always bothered china to 'free-float' its currency; should china do so at this juncture, when massive inward smuggling of silver is taking place, my wager would be with sudden and dramatic fall of rmb, to 12:1 - beijing should check with washington on whether free float is still wished for :0)
- interesting times. Trust your instinct, gold, gas, travel, and fun, plus watch & brief
Cheers, j |