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


To: riversides who wrote (105041)11/29/2009 9:28:55 PM
From: Skeeter Bug  Respond to of 116555
 
riversides, there are two ways to look at this...

wait and run the risk the system collapses before you have any bullion (gold AND silver - silver being safer in many ways as it is much less likely to be confiscated when TSHTF).

i think the better bet is to buy bullion now, WHILE IT CAN STILL ACTUALLY BE PURCHASED, and then short some steaming pile of crap as a hedge - i'm thinking shorting IYR or buying RWM (short russell 2000).

i don't see gold going down while the market heads up. i do see the market crashing much more than gold, though. i can also see a scenario where gold stays level or goes up while IYR and/or RWM collapses.

i'm still sticking to my EOY ramp of ramp all ramps (even if the market doesn't go up much, lots of selling to eat between now and EOY) and then a credit crunch collapse that brings the markets down.

after all, how else can you scare folks into giving bankers trillions for billions in bonuses?

and no - the bankers WILL NOT accept skipping Q1 bonuses, so the mooney MUST be transferred in Q1 at some point.