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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (43249)10/11/2005 1:19:41 PM
From: ild  Read Replies (1) | Respond to of 110194
 
Gold bubble is older than oil bubble. I was long NEM at $15-16 and sold in $3X. I had energy stocks but I'm too bearish on world's growth prospects to be bullish on $65 oil.
Also you just got lucky that Katrina and Rita did what they did.

EDIT: I call them bubbles because I eventually expect both to develop into bubbles. Energy will be 30% of SP500 and gold mining will be 55%. -g-


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