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


To: TobagoJack who wrote (30026)2/27/2008 4:31:18 PM
From: carranza2  Read Replies (1) | Respond to of 217576
 
Hi, Jay.

Any idea why the Swiss Fr. is blasting off today other than the natural and expected one, i.e., BurnUndKaput has made it clear that he believes that inflation is no longer the Fed's main concern?

Sometimes this is too easy and that is when I start to worry as I know it cannot be as simple as taking candy from a baby they way we have done so lately.

I suppose the clever get onto things first using better judgement, foresight, etc., then their judgments are proven correct, then the mo-mo crowd wises up, making the clever wealthier when they pile on.

But when everyone seems to get it, I worry for the crowd is rarely right.



To: TobagoJack who wrote (30026)2/28/2008 1:55:32 PM
From: oldirtybastard  Read Replies (3) | Respond to of 217576
 
You think platinum did well? Check this bad boy out:



someone did ok with it -g-

online.wsj.com

Mr. Hall has sought profits in more unusual commodities, too. Twice in the past decade he has assembled big stockpiles of rhodium, an obscure metal used in catalytic converters. He got out both times at around 10 times his money.

A key to Mr. Hall's success, says a friend, Thomas Coleman, a Louisiana oil-storage executive and fellow art collector, is an ability to block out the noise of the crowd. When Mr. Hall "locks in on an idea, he'll take it to the extreme," Mr. Coleman says.