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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 422.23+1.9%Jan 12 4:00 PM EST

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To: TobagoJack who wrote (57677)11/10/2009 2:33:35 AM
From: Maurice Winn1 Recommendation  Read Replies (2) of 219300
 
On gold [among other things]: Message 26084866 <n a deflating economy anything that's truly of value to people will do well, and all the crap, like RE, will do what it should do. Nada. It adds no value. It's like idiot gold. Just sits there and fools and steals. That won't work when the inflation gun is out of bullets, the banks won't lend, and the 'crats wage war.

So what stocks do well during deflation? Many Chinese companies. Plays like DIS, or pharmas, the stuff that's got a claim, that people want. What doesn't work? Commodities. All of them.

So what is my evidence that the US is in deflation? Rising savings? High unemployment? Closed Temporary? Few buyers and lots of RE supply Well, how about prices at the supermarket that keep declining because they haven't yet found the marginal buyer? I like that one best.
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Mqurice
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