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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: octavian who wrote (42455)1/30/2009 12:32:26 AM
From: Skeeter Bug1 Recommendation   of 42834
 
>>--OK. But you put an extreme negative spin on that news.<<

no, the news is *that* bad. read the news.

>>That's the same thing Fleck does.<<

nope. he was too optimistic. the real destruction to the economy is $8 trillion and counting with no end in sight. $55 trillion in mostly unfunded "insurance" in the form of credit default swaps is far worse than anything fleckenstein predicted.

far worse.

oh, and where did fleckenstein put lots of his money over the past 8 years instead of in the stock market?

gold.

i bet you have *no idea* how well gold has done over the last 8 years or you wouldn't mock a man's investing style when 1. he's right and 2. gold *crushed* the returns of the stock market bubble bull you seem to love so much.

absolutely *crushed*.

can you say "triple?" how about "almost quadruple?"

btw, i recommended gold (CEF) and TBT not so long ago and both caught fire since i recommended them.

take a look at how well CEF and TBT have performed of late. my NGD is up 70% in less than a month.

who'da thunk it? -lol-

it might be fun to mock others, as over the brink likes to do, but it when it is painfully obvious that those you mocked have done nothing but school you... and you are the light weight in the comparison... well, self delusion is all you have left.
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