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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: re3 who wrote (4130)2/10/2008 10:29:40 AM
From: Real Man  Respond to of 71456
 
My expectations are in the thread head, I just hope they
unfold slowly, which may not be possible due to an enormous
bubble in derivatives. Stocks can rally a long
time on short covering, and so did the horsemen - we've seen
that in 1999 a lot. It's very hard to predict the exact moment
of the pop or Chinese bubble pop, although the early November
NYSE rule change should have been a clue. I haven't been
long the stock market, except for occasional ST calls
plays, including calls on GOOG, which was surging on
short covering. -g- I definitely would not invest in stocks.
Hey, I like GOOG - made me some money back in October -g-

Coming back to the buck, I can't see even an interim bull
market there, just a bear market bounce. Others see deflation,
which I don't see either. I can't see US treasuries as
a good investment either (deflationists would point that out).

As far as gold goes, I expect it to go much higher over time, but hopefully
we'll get a dip on this IMF announcement to convert more
useless fiat into PMs. I don't know how much of a dip.
My personal investment (not ST speculations) is mostly physical gold and silver.



To: re3 who wrote (4130)2/10/2008 10:48:00 AM
From: Real Man  Read Replies (1) | Respond to of 71456
 
I do buy puts on gold sometimes, but that's done to partially
hedge a massive physical long position, which is in "deep
storage", i.e., off any brokerage accounts, and which I
won't sell any time soon. Been losing on those. -g-