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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (68962)5/17/2002 6:53:38 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 99280
 
Thanks for posting that article!

BTW, a relatively low risk way to hedge against a declining dollar is the Prudent Safe Harbor Fund (PSAFX) They have a modest position in gold and gold stocks but have most of their assets in short-term European fixed income. So they benefit both directly and indirectly from a lower buck. Doing very well needless to say.



To: orkrious who wrote (68962)5/17/2002 7:13:57 PM
From: DebtBomb  Respond to of 99280
 
Interesting stuff: Orion's Belt Corrals Bulls: In any case, the precious metals and other currencies are signaling, I believe, that the trend has changed for the dollar. When you couple this with the weak fixed-income market, you now have a very lethal mix that is a recipe for disaster in stock land. Those three stars, if you will, don't line up very often, but when they do, it is one of the things that could definitely precipitate a stock market crash. They converged in 1987, as well in 1998 and a few other times, though the meeting was very transitory. This, to me, feels like something far bigger and far more powerful.