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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (91590)11/30/2009 8:24:05 AM
From: Terry Whitman  Read Replies (1) | Respond to of 94695
 
>US unfunded liabilities are about 800% of GDP, and the credit
bubble was added to these last year.<

If I were king, I'd set the limit at 600%. -g-

Not sure if oil is fairly valued now or not, you can't really compare it to an unknown like the clownbuck,
so I guess you compare it to gold or perhaps the CRB.

It still looks undervalued compared to gold, and becoming more so- but it could be fairly valued,
and gold is simply overvalued, and worst case, oil could be overvalued, and gold way overvalued.
I guess we'll see.

Efficient market theory says they are all properly valued right now. -g-