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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (148424)	3/29/2011 7:03:21 AM
From: Bearcatbob	Respond to of 206146

Elmat, Do you think it would be possible to have a bad market and long term growing economy? Is not a good market simply an indicator of the underlying economy? That said - short of QEII - what could the Fed due to kick start the economy - remember they have a semi impossible dual mandate. There is a lot of talk about high oil prices being a result of QEII. Perhaps some - but I think our high oil prices are far more related to turmoil in the ME. I can personally vouch that our family spending has increased as the market soared following QEII. QEII IMO provides a short term opportunity to get things going. Ultimately it will be necessary for good domestic economic policy to carry the ball. I am not optimistic. Bob