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

To: TobagoJack who wrote (29630)	2/19/2008 3:02:55 AM
From: energyplay	Read Replies (2) \| Respond to of 217550

Me ? Voice of reason ? Many (not all) of the South African mines are deep - WAY deep. Pumping and reconstruction needs to be constant. Below a certain depth rock tends towards plastic flow, with occasional explosive bursts. Imagine a wet clay sculpture with voids and hollows. Now put a few heavy books on top, and a few hours later you have a lump with much smaller hollow parts, and a book with a stain on it. I think you want some Pt and Pd above ground, in your pocket. Right now, deflation is out racing all the inflators (central banks) That can change back and forth in a period of weeks. So i think we need both CASH and Hard Assets, and not try to get too heavy on either side. When gold, platinum, or real estate seems high by historical measures, sell a LITTLE. When hard assets seem LOW, buy a LITTLE. I would avoid a heavy bet one way or the other, don't be more than about 65% committed to one side or the other. This is a whipsaw time. This is different that a few years ago, when we were willing to be 90% against the USD in various ways. While the very long term outlook for the USD may still be negative, short term can be anything - and that short term can last a year +, and a graph of the USD drop will still look reasonable.