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


To: orkrious who wrote (99215)10/25/2008 10:20:52 PM
From: loantech  Respond to of 110194
 
I like it gave it a reco. <G>



To: orkrious who wrote (99215)10/26/2008 11:04:39 AM
From: dave91 Recommendation  Read Replies (1) | Respond to of 110194
 
Yea but did he work for Enron?

The smartest guys in the room figured out how to fleece the rest of us and leave us confused and dazzled enough to get away.



To: orkrious who wrote (99215)10/26/2008 1:51:03 PM
From: LTK007  Respond to of 110194
 
i Highlight 2 bits from that article because i agree:)

It also supports Jim Rogers that has taken a great deal of flack these past months, but Jim Rogers has freely stated "I am one of the world's worst Market Timers, but my scenario will workout in time"(or in the longterm, or whatever he used, to say, he stands still behind his scenario)

i also quote/paraphrase a Chinese Economist(and a policy maker) that " China has anticipated the american recession, we have plans in place, we will use this as an opportunity to strengthen our internal economy'--well guess what they have loads of REAL ASSETS, they are armed. They do not have a printing press/credit/service FLUFF based economy like the U.S.

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from your link

<<“I think we're ending the financial crisis now,” he said. “There will be countries, like the U.S., that will go into recession. But this need not be a global recession. And there are some encouraging signs on that front.”>>

<<You look to the currencies of Asian countries that are growing and still financially healthy. Singapore, Malaysia and Thailand all have trade surpluses and single-digit inflation. “Most of the Asian emerging markets and emerging currencies are ridiculously priced right now.”

You buy uranium stocks: “Ridiculously cheap.” Gold miners: “Ridiculously cheap.” Pipelines, too: “How bad a business is that? It's a fantastic business. You're just shipping gas. Why are people selling those?” Energy: “Unless there's an absolute collapse in oil demand, you really can't see oil plunge all that much [more].”

There are, however, some things The Smartest Man wouldn't touch. They happen to be the assets the investing masses have flocked to in this crisis: U.S. Treasuries and the greenback. “I don't think it can hold for that much longer.”>>