Quite a few good replies. So things to watch for are:
1. Fed rate (treasury rate) increase
2. Food price increase
3. Weakening US dollar
4. Political landscape change (conservative takes control)
5. Oil price increase
6. Company profit falls, layoff accelerates
7. Israel/Iran situation
8. Swine flu pandemic
9. Super comet hits the earth and kills at least half of the world population
I don’t see how gold/silver price rises will affect US economy, maybe indirectly via the less purchase of US debt.
So does that pretty much summarize everyone’s worry? Therefore, on the other hand, that if none of the above shit happens, the rally may continue?
I did notice that no one is saying that residential real estate market will have its bottom fall out pretty soon (or price will soon again decline sharply). That will be pretty unimaginable if I posted the question one year ago. The mood about the housing market seems have changed really fast.
