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


To: mishedlo who wrote (52830)2/6/2006 1:45:39 PM
From: russwinter  Read Replies (3) | Respond to of 110194
 
From my perspective, when you see a discussion on CNBC entitled "commodities the new tech?", that's a sign that we are late in the day, and of a crack up/inflationary boom. I definitely feel speculative pools are heavily at work. I would lay the blame for this buy everything speculation squarely at the door of central banks. I warned here a year ago, this could happen, but it's such a crowded trade now that even I've largely elected to get off. Whether holding the "safety" of T-bills at 4.67% (in lieu of being exposed to a general Bust or sell off) instead will prove to be the right choice, only a crystal bubble will tell. Perhaps not, if Ben rewards runaway speculative behavior ad nuesaum.