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


To: skinowski who wrote (90134)1/4/2008 8:04:28 PM
From: sea_biscuit  Read Replies (1) | Respond to of 110194
 
Perhaps, we need something based on a broader basket which should include oil and energies, a sampling of "stable" currencies, etc.

Maybe the Chinese will tell us sometime this year that it should be 30% Yuan, 30% oil, 20% gold and 20% natural gas!

At this point, we have to do whatever our Communist bosses tell us to do. Or else... :-)



To: skinowski who wrote (90134)1/4/2008 8:04:34 PM
From: TobagoJack  Respond to of 110194
 
platinum would work, and silver, as long as fixed in price in terms of gold :0)

dunno, but i have a difficult time keeping a straight face using the word inflation to describe a situation where home prices are dropping, share values are tanking, folks are losing jobs, and bond prices rising

otoh, gold prices are ramping, so perhaps we can call deflation inflation and settle the debate amicably :0)



To: skinowski who wrote (90134)1/5/2008 2:29:46 PM
From: Gib Bogle  Respond to of 110194
 
According to me what counts most is how much we pay for energy, therefore the price of oil is an obvious yardstick for evaluating a currency.