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Strategies & Market Trends : The coming US dollar crisis

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To: Skeeter Bug who wrote (24604)11/23/2009 1:57:37 AM
From: axial3 Recommendations  Read Replies (1) of 71475
 
Skeeter, agreed. There are all kinds of voices out there, and Mish is worth listening to. As is Vi.

In the last 2 years, I can't think of anyone who has called everything right, and there have been a lot of really smart people making predictions. This is a crazy market: economic fundamentals stink, and many valuations are out of line.

Every sane person knows there's a huge amount of latent systemic risk out there. Major economies teetering:

Bets rise on rich country bond defaults

ft.com

Société Générale tells clients how to prepare for potential 'global collapse'

telegraph.co.uk

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No matter what they say, nobody "knows". Probabilities are changing every day. We look for thinking that's a cut above the average, keep our eyes open, and play the market like hunted animals.

Jim

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