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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (41302)12/17/2008 2:41:30 AM
From: Math Junkie2 Recommendations  Read Replies (1) | Respond to of 42834
 
What have you been invested in during the past year?



To: LLCF who wrote (41302)12/17/2008 6:46:29 AM
From: Boca_PETE1 Recommendation  Read Replies (1) | Respond to of 42834
 
Believing what you say, are you just selling the US Dollar and buying Gold, or, are you doing that with leverage by entering into long term fixed interest loans at current low rates?

Are you concerned that at some point down the line the FED will withdraw much of this additional liquidity they are now injecting into the system to prevent deflation? Such FED action could put the kabosh on the buy gold-sell dollars strategy.

P



To: LLCF who wrote (41302)12/17/2008 7:46:25 AM
From: Boca_PETE  Read Replies (1) | Respond to of 42834
 
Like the pound, the value of the dollar may decline by up to 90 percent in the coming years, said Rogers.

moneynews.newsmax.com

-----
But is Jimmy ignoring the dollar values being destroyed by the imploded credit balances and crashed stock prices (ie. uncollectable loans of all types due to falling collateral prices, bank and other corporate failures)?

Do you think the FED and U.S. Treasury are smart enough to balance the liquidity being added to the system with the dollar values being destroyed?.

P



To: LLCF who wrote (41302)12/17/2008 8:08:50 PM
From: octavian4 Recommendations  Read Replies (1) | Respond to of 42834
 
LLCF said:

<<Buffet's "stock" is a stock, of course it's gotten killed. But he's been cautious to negative for years.>>

--Big deal. He didn't do anything about it. Now he says it's time to buy stocks. Do you think he's an idiot now?

<< Rogers has also been bearish for years and sure the bear market rally in the dollar has hurt him but he's been long commodities for almost a decade... wake the f&*k up.>>

--He was also bearish all through the 90s. And it didn't do him any good to be bearish on stocks this year, since his commodities have crashed just as bad or worse.

I understand he's been in them a long time. The point is, his bearishness didn't help him in the 90s, and it didn't keep him from losing big money in this bear!

<<If you're a pouty little day trader, then yea.... these guys all suck too. Just like you and the rest of the chart chasers.>>

--I'm not a chart chaser. I'm just saying that virtually no one really saw the full extent of all this coming. Some were cautious on stocks for whatever reason, but they all got killed, no matter what they were in.

<<Here's a little tip that you'll forget the first fly that cruises past your lilly pad for you to snap at...
the dollar is going to all time lows, gold is going to multiple thousands.>>

--Thanks. It would be nice to be so certain about things.