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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: John Metcalf who wrote (102133)9/18/2009 5:26:40 AM
From: westpacific1 Recommendation  Read Replies (1) of 116555
 
John; I am saying safe haven buying again; like happened about a year ago...

Yields should drop like a stone from here. Follow the ten and twenty years as they dictate market direction.

And the bond markets; they top out in 2012...however that window is wide open between now and that date, the long term rally in bonds is about over!

Also think the Euro has topped out; what bothers me there is the upcoming October 2nd vote in Ireland on the Lisbon Treaty. Lets us hope again the Irish vote no; if so Euro is going down hard and that should rally the dollar as well.

Euroland has its problems; and still could break apart in the not too distant future.

And if I am right on the dollar; Gold could once again top out here and head down into the 700s. Longer term that could once again setup a nice buy.

Deflation will kick in hard soon; and hopefully save our nation. The talk is to shut down the FED; that would take much debt off the table but destroy the markets and the banks. See no other road; if they fight - it is going to get so insanely nasty (the war scenario I have discussed).

West
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