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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: GVTucker who wrote (97295)	2/26/2008 3:07:51 PM
From: nrg_crisis	Respond to of 206184

Right now the futures are discounting an 88% chance that we get a 50 bps cut Yup. Long gone are the days of Paul Volcker and raising rates to keep inflation in check. Another rate cut will help keep asset prices propped up, but it will also keep the inflationary flames stoked and help the dollar farther along the path toward oblivion. Which is why I stay long 'stuff': energy, minerals, farm products. If the 'stuff' is going to cost more, then that's what I want to be holding. nrg