Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (91590)	11/30/2009 8:24:05 AM
From: Terry Whitman	Read Replies (1) of 94695

>US unfunded liabilities are about 800% of GDP, and the credit bubble was added to these last year.< If I were king, I'd set the limit at 600%. -g- Not sure if oil is fairly valued now or not, you can't really compare it to an unknown like the clownbuck, so I guess you compare it to gold or perhaps the CRB. It still looks undervalued compared to gold, and becoming more so- but it could be fairly valued, and gold is simply overvalued, and worst case, oil could be overvalued, and gold way overvalued. I guess we'll see. Efficient market theory says they are all properly valued right now. -g-

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