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


To: TH who wrote (99142)10/24/2008 12:49:39 PM
From: Ken Reidy  Read Replies (2) | Respond to of 110194
 
Well we blew through $730...now we are working on $740...would love to see the $100 up day gold deserves in this ridiculous environment of global fiat creation and massive currency manipulation....hey, a guy can dream.

It is almost funny to listen to some of these so called experts on CNBC talk about how they like tech stocks, etc. here...anything but commodity stocks. They don't seem to understand that this is a desperate battle against deflation...and Paulson and Bernanke need commodity prices to rise sooner rather than later if they are to have a chance to defeat deflation. Oil down in this environment is not a good thing....they need oil to turn up. They need any and all asset categories to catch a bid so something will start to soak up some of the liquidity they need to create 24/7.



To: TH who wrote (99142)10/24/2008 2:07:42 PM
From: Pogeu Mahone  Read Replies (2) | Respond to of 110194
 
There goes 730. Is that significant?