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

To: carranza2 who wrote (42563)	10/10/2011 5:09:44 PM
From: Real Man	Read Replies (1) \| Respond to of 71412

Well, it's kinda obvious now gold is not immune and gets dumped with the rest of the commodity complex - and stocks, should there be a European SHTF driven banking crisis soon, and the second dip global recession. The Bernank can lift gold, of course, but he won't do it with Dow at 11K. US major bank has to blow? I would like to say... Hmmm... Gold is different, as everything crashes it goes up. Unfortunately, that is not the case - the clownie still rallies on "risk on" trade, and as stocks and commodities crash, so does gold.

To: carranza2 who wrote (42563)	10/10/2011 5:11:01 PM
From: Tommaso	Read Replies (3) \| Respond to of 71412

There is so much cash available that stocks can go anywhere. Anyone (manager, private investor, whoever) who is getting nothing for holding cash can at any time convince himself that it's worth a plunge for a possible quick 10% gain, ten times what he can get for holding cash for a whole year. The stock markets are a wild casino. The games are not as rigged as some people think--just random mass movements. Dr. Mohamed A. El-Erian is advising people to hold cash, which is just telling people to do what they are already doing. I am not short anything but treasuries nor long any non-commodity stocks except a few special situations, such as WPRT. long gold, gold miners, oil sands, agriculture. I used to be a confident bear; 12 years ago I was very long Prudent Bear Fund. Not now. People shorting the market are like smokers in a fireworks store.