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Strategies & Market Trends : Ride the Tiger with CD
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To: Canuck Dave who wrote (138892)12/11/2008 11:54:19 AM
From: koan  Read Replies (1) of 313008
 
>>
Huh? What do you mean?

So... is this a two day wonder or the start of something good? Or bad? There's always that aspect of it too, but sheesh, ain't me printing money like there's no tomorrow.

CD<<

koan: 'Not sure what the above means. You need a subject-lol.

Gold has been running for four days now. And the dollar started dropping just about when you were guessing it might a fw days ago.

In my minds eye I see no end to lowering interest rates and printing money; and even then I do not see an end (in my minds eye) to this monster deflationary depression. so endless monetization and lord only knows what else is in their bag of tricks and how many other financial time bombs out there. As the collapse continues more and mroe bad debt is exposed.

If I had millions, I would buy gold and silver bars, put them in a safety deposit box and wait this whole thing out.

This is going to be much worse I feel.

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