Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (20793)	8/5/2007 10:28:27 AM
From: carranza2	Read Replies (3) \| Respond to of 217588

he is an evil wall street pimp and moronic main street whore Yes, he is all that....on a good day. Here is a cogent view of the US economy from someone who is not: safehaven.com The takeaway; 1. If the Fed acts now to save the funny money financials, I will personally cast everything aside and rush to the gold store. I doubt that it will cut rates, Cramer notwithstanding. 2. Housing in the US is kaput for a minimum of 2 years. One of the graphs in the piece I linked vividly shows the positive correlation between GDP growth and the withdrawal by the consumer of mortgage equity. With a huge amount of ARMs resetting early next year, and with housing going kaput, no one will be withdrawing equity b/c no sane bank will lend except at usurious rates. But b/c other sectors of he US economy are OK, the recession may be mild. 3, Japan, Japan, Japan, everyone forgets about Japan, but not me, as I am starting to invest in the Yen as crash protection. 4. He failed to discuss commodities, where we will see a muli-year superspike similar to the ongoing oil superspike. I am thinking more and more about these. I think the safest and best way for a nonspecialist like me to do so without assuming the risk of a bust in a particular comm. and still make good long term superspike money is to buy into a commodity basket index like DBC. I am probably going that route. And, yes, I am in cash, 65% excluding Yen stock bet which is as good as cash, IMO, since I wrote on 7/21. Locked and loaded. Bring teotwawki on!