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


To: benwood who wrote (90862)1/27/2008 10:51:28 AM
From: glenn_a  Respond to of 110194
 
((but I disagree that gold and/or miners are a sure thing either way. I have a good chunk in pm stocks, yet when I look at the massively manipulated markets and the monstrous distortions created in the past few years and throw in 600+ trillion of derivatives that could see immense bursts of unwinding which leads to who knows what dominoes falling, I certainly don't sleep thinking anything is a given.

I just assume with all the lying and chicanery on Wall Street that there are simply too many unknowns to make a slam dunk bet anywhere. Reckless gov'ts and reckless monetary policy have historically destroyed the vast majority of participants, sometimes nearly all of them.))

A classic post benwood. Once again, I wholeheartedly agree.