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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: JimisJim who wrote (70960)9/5/2008 1:59:28 PM
From: isopatch  Read Replies (1) | Respond to of 108759
 
Hi Jim. <Or will the ginormous money welcome stagflation/deflation as the middle class gradually disappears?>

The fact that it's been so hard to buy gold coins in recent weeks unequivocally answers that question. Don't expect to C that change much in the months ahead.

Big conservative money sees stagflation building. However, it's putting less into PM equities than during the 70s secular bull because neither banks nor brokers R safe as they were in the 70s. Classic example of how history never repeats exactly.

Mostly luck along with some instinct that I saw this coming and built an adequate position in the physical from '04 thru August of last year.

Iso