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

To: ggamer who wrote (91287)	2/5/2008 4:32:12 PM
From: andiron	Respond to of 110194

well they are down in relation to dollar. CASH IS KING.

To: ggamer who wrote (91287)	2/5/2008 4:34:08 PM
From: Elroy Jetson	Respond to of 110194

It's one of those rare DUEED days. Dollar up, everything else down. .

To: ggamer who wrote (91287)	2/5/2008 5:13:48 PM
From: GST	Read Replies (2) \| Respond to of 110194

This is called confusion with a hint of panic -- and the quick and dirty response is to hide in the closet till morning. The US economy IS slowing, and will likely NOT rebound so easily as many have implicitly assumed. The question is not what happened today, the question is where to from here. The answer points in the following direction: real estate is a dead duck, stock valuations might be too high in general but there are stocks that are able to decouple from the US economy and do well based on a global growth story (if you can figure out which ones you are doing well), and the dollar is the trillion dollar question mark. For me, the answer to the dollar riddle is fairly simple: The idea that the dollar will rally for any sustained period of time as the US economy grinds to a halt, Fed influenced interest rates plunge, money is stuffed into people's pocket without sparking growth, government deficits and personal debt defaults soar, bankruptcies snowball and unemployment starts to bite the US on the ass with big sharp teeth -- well, it just is ludicrous. Given that conclusion, gold is the very best place to hide from the inevitable inflation that will be forced upon us for the foreseeable future. If on the other hand you chose to hide for very long in the closet with the dollar -- you might just hear the heavy breathing of a hungry beast at the back of your neck, and then you will feel pain as it sucks the life out of whatever is left of your assets.