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

To: TobagoJack who wrote (32740)	4/9/2008 5:15:31 PM
From: blazenzim	Read Replies (1) \| Respond to of 217734

Gold went back to the 50 day ma for a final kiss goodbye. Last chance to short euro at 1.58 as well. Haim short euros at 1.58. I decided to copycat him today since he appears to be very bright fella. What's a fiat currency worth? Whatever it buys you in terms of local labor units. For most items, you have to work twice as long in Europe than in US for same purchasing power. Like everything, a reversion to mean is inevitable. Just as corp profits are reverting to mean right now. Of course, mean reversion doesn't stop at mean....it goes wildly in the other direction as well catching everyone off guard. Deflation is the last worry in the markets right now. It will become the primary worry within 1 year from now.