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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: TobagoJack who wrote (51603)6/21/2009 9:22:14 AM
From: Canuck Dave  Read Replies (1) of 217574
 
Geez, what to do? Another 2008 style meltdown in everything, or the US dollar gets it's due?

The 2002-2008 boom acted like a synthetic short against the US dollar, and it got a huge boost from the deleveraging process.

This year?

Frigged if I know. China has too much copper? Better sell my NGX. Currencies about to implode as interest rates rise? Better get some more NGX for the gold.

Or retreat to football metaphors...

"When in doubt, punt."

CD
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