ggersh,
As for being wrong, well not to be coy, but as I've not made a decision, it is difficult to be "wrong" <g>
Long term I believe inflation is the only path possible. And this is why I hold a core of bullion. Short term, by the time you have finished this sentence, I could have flipped from bullish to bearish. I'm only playing against the monkeys in the short term, and what they do has absolutely nothing to do with fundamentals or historical prices.
My plan has been, and will continue to be, to hold bullion long term for what must come (reset) and to trade the cash accounts like a madman long, short, whatever, as the monkeys push this or that up or down because the wind blew a different direction this morning.
At certain points, I may convert more cash to hard assets, but I'm not committed to that idea just yet.
The O is out pushing more stimulus already. UFB. Does anyone really know how much of the 750-800 billion has been deployed yet from the current stimulus? I can't find an accounting of this anywhere.
GT
TH |
