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

To: ItsAllCyclical who wrote (9627)	7/18/2008 12:06:34 AM
From: TH	Read Replies (1) \| Respond to of 71475

IAC, All good points worth consideration. I agree with every one of them, except maybe gold. Inflation is in the pipeline, and if the Volker model is valid in any respect, then it will take a significant effort to reverse inflation <expectations>. That is the sick, twisted game now played, as expectations are targeted in lieu of any meaningful metric of inflation like a valid CPI. I can't seem to focus on any other sector at the present, for the exact reason you have stated. The street sells short term news/events as fundamental pivot points. In most cases these news/events are as meaningful as a summer storm. You'll get soaked to the bone for an hour, but you don't need to start building an ark. My point is that if I give up on gold now, then my belief in fundamental investing is at risk and possibly flawed. I have to hold gold now and believe that we are at the start of a major upleg. Maybe the problem is that I expect the same action on bad news that we get on good news. This is perhaps unrealistic. So, I need to accept that a grain of good news on the beach of doom is enough to repel the surf while I need a tsunami of bad news to create an equal but opposite move. I'm just frustrated with the lies. Thanks for your thoughts. GT TH