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


To: Amelia Carhartt who wrote (41229)10/12/2008 9:19:21 PM
From: acementhead1 Recommendation  Respond to of 217710
 
Are you nutz? ;) Everywhere I go on these threads and on tv people are beside themselves with optimism.

Not just on these boards. Australian market up 10%(in $US) today.

There is no "economic crisis", some big players miscalculated
and want to put their hands in someone else's pocket. Need an excuse though, so, Ta Da, "economic crisis".

business.smh.com.au



To: Amelia Carhartt who wrote (41229)10/12/2008 9:58:15 PM
From: TobagoJack1 Recommendation  Read Replies (3) | Respond to of 217710
 
hello wanderer, i am nutz, but you knew that, so not fair :0)

<< Stocks are too cheap to resist and the crisis is behind us!>>

I agree, especially if one's time horizon is 10 years or more ;0)

<<We will be saved by the world CB's.>>

- i am counting on it
- i am not fighting the fed and all central banks, had always been aligned with the fiat money inflation force

I am thinking:
- we might no longer in newtonian space, with the everyday familiar

- we could have entered into a black hole, where light does not escape

- there will be lots of hammering, but we cannot know where, who, what and how of the force that guides the hammer or even it is at all guided

- suppose rmb : usd devalues / reverts back to 8.3:1, or over shoots to 12:1, or if the yen hammers 85:1 - what would happen?

- the usa congress had always bothered china to 'free-float' its currency; should china do so at this juncture, when massive inward smuggling of silver is taking place, my wager would be with sudden and dramatic fall of rmb, to 12:1 - beijing should check with washington on whether free float is still wished for :0)

- interesting times. Trust your instinct, gold, gas, travel, and fun, plus watch & brief

Cheers, j