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

To: bart13 who wrote (79937)	3/13/2007 10:08:14 AM
From: Real Man	Read Replies (2) \| Respond to of 110194

"My sense is that this isn't the last train out before the final implosion... and I'm also not betting the farm on it." My sense it is, although I'm not betting the farm on it. I'd be careful with gold here. No clue what it will do. Credit implosion will cut liquidity, and liquidity is what drives gold. Could melt both ways, up or down. Down will be a buying opportunity long term, though, as I'm pretty sure how the Fed will respond after the meltdown. I disagree with Russ - it will not be "them" who will pull the plug, it's Joe 6p who can't pay his mortgage. "They" were the great enablers of easy credit, so, they (the pigmen) will go down with the ship. So will the bullies. The dollar implosion will start as the economy weakens, so... gold will be resurrected eventually, and rise from the dead. Just need to wash out all the riskloves. Temporary large drop is sure possible. I think it's over.

To: bart13 who wrote (79937)	3/13/2007 11:04:50 AM
From: John Vosilla	Read Replies (1) \| Respond to of 110194

'My sense is that this isn't the last train out before the final implosion... and I'm also not betting the farm on it.' Many forget this is just starting. We have had few if any financial institutions failing for over a decade. This was the norm from 1986-93.. The initial implosion began as far back as 1982 even as the DOW began a historic run with the economy recovering from the 80-81 recession and the ravages of stagflation.. A huge difference this time is interest rates are at generational lows which is the complete opposite of the early 80's..