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To: No Mo Mo who wrote (390145)7/9/2009 3:09:02 PM
From: Real Man  Respond to of 436258
 
Yes, PMs are very good longer term buys here, as well as select
commodities and some emerging markets. IMHO, you'll make out like a
bandit by this time next year. May have to time purchases a bit
or average in, but do it some time this month - perhaps,
more toward the end of it.

US markets may still have inflationary rally - err, spoos
reflecting dropping value of the currency rather than
fundamentals. The US real economy has been finished in 2000,
and is getting progressively worse as a result of market
manipulation and drastically increased corruption. The
unbreakable link between WS and the government has a full
potential to completely ruin this country, turning it into
Yugoslavia... or Zimbabwe. It goes without saying that this
linkage has been fully revealed by the 2007-2009 financial
crisis (rather than being gold buggy inventions and conspiracy
theories)



To: No Mo Mo who wrote (390145)7/9/2009 3:23:18 PM
From: Real Man  Read Replies (2) | Respond to of 436258
 
These markets were never free this century, except briefly last Fall, when
the Fed lost control of things and the markets entered a free fall.
The way they trade now, we are back to 2002-2007 "norm" <G>

Gold is about to really start rocking longer term, IMHO. Not
to say that it can't drop first but I'm even thinking of some
leap in the money calls later this Summer. Taking on some
leverage. <G>