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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (108775)	6/16/2010 6:07:25 AM
From: TheSlowLane	Read Replies (1) \| Respond to of 110194

Was that Jim Rickards?

To: Skeeter Bug who wrote (108775)	6/16/2010 6:46:54 AM
From: TH	Read Replies (2) \| Respond to of 110194

SB, Yes to most of that. I'm not sure about the new currency at this stage, but owning some gold might offer some protection. Lots of people have blown themselves up predicting the move on the long end, but it will come someday. Precisely when is unknown, but heightened awareness of the perverse and pervasive debasement by the Fed will be a driver. Until then, we trade. Often. GT TH

To: Skeeter Bug who wrote (108775)	6/16/2010 8:56:12 AM
From: Paxb2u	Read Replies (1) \| Respond to of 110194

SB Whenever a world currency is established, do ya think gold tanks? (I would think so) TIA Peace

To: Skeeter Bug who wrote (108775)	6/18/2010 1:38:33 PM
From: RetiredNow	1 Recommendation Read Replies (1) \| Respond to of 110194

That's pretty freaking scary. It's consistent with how things happen, though. Most people expect a long grind, but what usually happens is things try hard to pretend that there is no problem and then when the cracks crumble, the flood waters burst in a sudden disastrous flow, catching everyone flat footed. If they'd just let the free markets work, we might have already been on the tail end of working through the markets excesses. No chance of that now.