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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: The Vet who wrote (90699)11/22/2008 9:52:34 PM
From: A Horse With No Name  Read Replies (3) | Respond to of 116555
 
actually i think these currencies are going to have wild moves up and down now as the whole system has been rocked. like a 9.1 scale earthquake. the after shocks are going to last for a long time the only thing you can do is to hold on to something solid or tangible. . gold maybe, but you cant be 100 percent gold right? or maybe thats the way to go. gold does well in extremes whether it be deflation or inflation from what i have researched so far . if mish thinks gold can do well in deflation and we know it does well in inflation, then we can avoid all currency whims by being 100 percent in gold. but that thought scares me as you are putting all your eggs in one basket.