<<energy prices to go back up>>
the china domestic prices on most elemental things on the periodic table are higher than international prices (incl coal, gold, silver, copper, etc)
the suspicion is that folks on either side of the border are seeing two quite different economic paths
yes, energy will go back up, without a doubt, except for the timing, but then the time can be fruitfully spent speculating on srs, solar this and that, and playing computer games, while waiting neighbor surrender on real estate that ought to be transferred cheaply to strong hands, say at 70% further discount.
frankly, i cannot say the panic in the market has been satisfying ... it is as if people do not believe what is in fact happening, perhaps because it happened too fast, as in laser aided amputation, slash, blood never flowed in scary view, and ... nothing, and no pain.
or that everyone expects to be nominally bailed out by all that printed money so freely spent. i hope they are right.
recommendation: buygold, short real estate, and buymoregold |