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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Ploni who wrote (27268)3/5/2010 2:04:16 AM
From: RJA_  Respond to of 71475
 
>>Naturally, that was close to the bottom, and they are rebounding and have surpassed the price at which I sold them.

>>I feel stupid.

"Timing is everything."

Dont feel stupid.

This kind of thing is quite common.

There are lots of strategies to deal with it... one is, set stops and if the market goes against you, get out quick.

Another is, like Faber, buy the metals monthly, put them away and forget about them.

In 100 years, your progeny will thank you.

What, you say you havent got 100 years? Well then, your like the rest of us... you place your (hopefully educated) bets and you takes your chances.

Thanks to the CB's of the world, you must place your bets to protect your purchasing power.

IMF staff position paper of 2/12/10 discussing raising the inflation target for CB's in general from 2% to 4%:

A. Should the Inflation Target Be Raised?
The crisis has shown that large adverse shocks can and do happen. In this crisis, they came
from the financial sector, but they could come from elsewhere in the future—the effects of a
pandemic on tourism and trade or the effects of a major terrorist attack on a large economic
center. Should policymakers therefore aim for a higher target inflation rate in normal times,
in order to increase the room for monetary policy to react to such shocks? To be concrete, are
the net costs of inflation much higher at, say, 4 percent than at 2 percent, the current target
range? Is it more difficult to anchor expectations at 4 percent than at 2 percent?
...