2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 386.01

+1.6%

Nov 12 4:00 PM EST

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To: Snowshoe who wrote (41955)	10/29/2008 12:03:54 PM
From: koan	1 Recommendation Read Replies (3) of 217733

Snowshoe, I believe we have reached peak oil, so oil prices will rise a lot over the next few years as Asia continues to grow. The permanent fund will bounce back. Besides 40% of the PM is bonds and they are doing fine. My hunch is that the Obama presidency will follow Paul Krugman's formula and throw 3 to 5 trillion dollars at the deflationary spiral to stop it. Krugman (just won nobel prize for economics) said let the deficit go for now. I think the money will go to mainstreet, shoring up the middle class and economic infrastructure, for general infrastructure and for conversion from oil to green, putting thusands back to work like FDR did. As soon as Obama is elected he will start to implement programs similiar to FDR's New deal: His team is studying the great depression adn FDR's policies right now. He will also pull us right out of those two totally unwinable wars that are breaking usinancially and militarily and he will refocus on international diplomacy. Alaska will be fine. What a wet cold year we have had! Cheers,

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