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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: renovator who wrote (98233)10/2/2008 11:57:03 PM
From: TH  Read Replies (2) | Respond to of 110194
 
renovator,

Thanks for your perspective.

I agree with regards to a lag/delay with the miners, but I think gold could turn quick. It is perplexing and I the curse of hedgies is that they are fun on the way up, but their leverage and lemming behavior sure makes the pain more intense on the way down. The best reason I've seen for the dollar rally is the post from Rick with the link to Jesse's Cafe Americain. If this is the driver, then it will run it's course in due time and the dollar will drop like a rock; as it should be.

Selling oil/energy might be a very good idea.

GT
TH