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

To: NOW who wrote (63394)	6/12/2006 12:43:52 AM
From: Taikun	Read Replies (1) \| Respond to of 110194

I thought so. He was the only one of a panel (Mike Berry, Victor Adair, Bob Bishop, John Kaiser) who thought commodities go down farther. Everyone else thinks China keeps demand high, but Gordon doesn't buy it due to the 100 trl $ USD of US combined household, gov't and corporate debt which effectively takes out US from world economy and US being 1/3 that is too great. I'm inclined to agree. Though I already hold S&P Bear funds, he made me think of buying more, particularly if we get a nice bounce here in July/Aug as many expect. Buying bear funds now and holding through a precipitous drop in Dow could be most profitable-even if it doesn't hit 1200! BTW, trader Victor Adair was only one thinking gold corrects farther here, although Ian didn't comment on that question. I agree with Victor, expecting sub-$600, which I believe will be trigger by Bernanke speeches this week and/or the CPI on June 14