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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 385.99+1.6%Nov 12 4:00 PM EST
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To: elmatador who wrote (67842)11/6/2010 8:59:07 AM
From: THE ANT  Read Replies (5) of 217738
 
I have argued for years that Brazil would do better relative to the US no matter what happens in the world economy.Problem is that the re inflation move by the US has created in Brazil asset markets a bubble much like the US housing bubble.Brazil has come too far too fast.You think you have more wealth than you do.When the dust settles Brazil will still have done very well relative to the developed world just not relative to their perceived wealth at this point in time.As most of my assets are in Brazilian real estate I can argue this and hope Im wrong.If assets continue to rise in Brazil I will begin to sell and put in US
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