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


To: ItsAllCyclical who wrote (9631)7/18/2008 2:16:06 AM
From: Cactus Jack  Read Replies (1) | Respond to of 71475
 
US Fed policy (while dumb enough overall) is still smart enough to not print into oblivion. They'd prefer not to have deflation either, but if push comes to shove they'll settle for deflation if they can at least prepare for it.

Just curious; what leads you to conclude that the Fed would prefer deflation? Bernanke has publicly stated the opposite.

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To: ItsAllCyclical who wrote (9631)7/21/2008 8:46:46 PM
From: TH  Read Replies (1) | Respond to of 71475
 
IAC,

I've been thinking a great deal about your thoughts of last week. I'm still not ready for a course correction, but I am trying to consider other plays/options.

The problem for me at the present is I'm short on time. This is largely due to chaos in Detroit automotive, but that should pass in a few months.

I'm thinking about plays for late August and the fall.

Also, The dollar is again at the crossroads. I'm holding on to my POG, my select miners, and my position in PMPIX. All are doing fairly well, so I have to go with what I believe is the Buffet-style fundamental play.

I may come back in a few weeks and bounce some ideas.

Thanks
TH