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peterb
Participantshe must go….
Participantshe must go….
Participantshe must go….
ParticipantTime will tell. But everything I’m observing and the analysis I find most accurate tells me to stay mostly in US$. It’s a trend that has legs as the planet unwinds from the biggest credit bubble burst in it’s history. I honestly think that gold could get to $600 and the S&P to 600 by mid-2009.
Unemployment in CA is at 7.7%, 6.1% in the USA. A lot more mortgage defaults are headed towards us. Lay-off announcements are dominating PR releases. Credit card defaults are looking to break records as well. I dont see any positive news on the horizon. I’d wait for a sign or two of a reversal before going long on anything right now. But that’s just me. I’m convervative.ParticipantTime will tell. But everything I’m observing and the analysis I find most accurate tells me to stay mostly in US$. It’s a trend that has legs as the planet unwinds from the biggest credit bubble burst in it’s history. I honestly think that gold could get to $600 and the S&P to 600 by mid-2009.
Unemployment in CA is at 7.7%, 6.1% in the USA. A lot more mortgage defaults are headed towards us. Lay-off announcements are dominating PR releases. Credit card defaults are looking to break records as well. I dont see any positive news on the horizon. I’d wait for a sign or two of a reversal before going long on anything right now. But that’s just me. I’m convervative.ParticipantTime will tell. But everything I’m observing and the analysis I find most accurate tells me to stay mostly in US$. It’s a trend that has legs as the planet unwinds from the biggest credit bubble burst in it’s history. I honestly think that gold could get to $600 and the S&P to 600 by mid-2009.
Unemployment in CA is at 7.7%, 6.1% in the USA. A lot more mortgage defaults are headed towards us. Lay-off announcements are dominating PR releases. Credit card defaults are looking to break records as well. I dont see any positive news on the horizon. I’d wait for a sign or two of a reversal before going long on anything right now. But that’s just me. I’m convervative.ParticipantTime will tell. But everything I’m observing and the analysis I find most accurate tells me to stay mostly in US$. It’s a trend that has legs as the planet unwinds from the biggest credit bubble burst in it’s history. I honestly think that gold could get to $600 and the S&P to 600 by mid-2009.
Unemployment in CA is at 7.7%, 6.1% in the USA. A lot more mortgage defaults are headed towards us. Lay-off announcements are dominating PR releases. Credit card defaults are looking to break records as well. I dont see any positive news on the horizon. I’d wait for a sign or two of a reversal before going long on anything right now. But that’s just me. I’m convervative.ParticipantTime will tell. But everything I’m observing and the analysis I find most accurate tells me to stay mostly in US$. It’s a trend that has legs as the planet unwinds from the biggest credit bubble burst in it’s history. I honestly think that gold could get to $600 and the S&P to 600 by mid-2009.
Unemployment in CA is at 7.7%, 6.1% in the USA. A lot more mortgage defaults are headed towards us. Lay-off announcements are dominating PR releases. Credit card defaults are looking to break records as well. I dont see any positive news on the horizon. I’d wait for a sign or two of a reversal before going long on anything right now. But that’s just me. I’m convervative.ParticipantYes, unfortunately, Rich is not immune. The last two investing reports on “gold and gold stocks” as well as the “US stock market is now priced for good returns” are a little off target, IMO. Gold had broken-down 6 months ago and will continue to break down for a while yet. The US stock market may enjoy this reaction cycle, but it wont last more than a few months before all the overwhelming bad news smashes it to new lows. The best and safest place to be right now is in the US$. This will probably be true for another 6 or more months. Check with Marc Faber and Bob Hoye for a historical perspective on where we’re at and headed. 2009 is going to be one for the record books and I dont mean that in a good way.
ParticipantYes, unfortunately, Rich is not immune. The last two investing reports on “gold and gold stocks” as well as the “US stock market is now priced for good returns” are a little off target, IMO. Gold had broken-down 6 months ago and will continue to break down for a while yet. The US stock market may enjoy this reaction cycle, but it wont last more than a few months before all the overwhelming bad news smashes it to new lows. The best and safest place to be right now is in the US$. This will probably be true for another 6 or more months. Check with Marc Faber and Bob Hoye for a historical perspective on where we’re at and headed. 2009 is going to be one for the record books and I dont mean that in a good way.
ParticipantYes, unfortunately, Rich is not immune. The last two investing reports on “gold and gold stocks” as well as the “US stock market is now priced for good returns” are a little off target, IMO. Gold had broken-down 6 months ago and will continue to break down for a while yet. The US stock market may enjoy this reaction cycle, but it wont last more than a few months before all the overwhelming bad news smashes it to new lows. The best and safest place to be right now is in the US$. This will probably be true for another 6 or more months. Check with Marc Faber and Bob Hoye for a historical perspective on where we’re at and headed. 2009 is going to be one for the record books and I dont mean that in a good way.
ParticipantYes, unfortunately, Rich is not immune. The last two investing reports on “gold and gold stocks” as well as the “US stock market is now priced for good returns” are a little off target, IMO. Gold had broken-down 6 months ago and will continue to break down for a while yet. The US stock market may enjoy this reaction cycle, but it wont last more than a few months before all the overwhelming bad news smashes it to new lows. The best and safest place to be right now is in the US$. This will probably be true for another 6 or more months. Check with Marc Faber and Bob Hoye for a historical perspective on where we’re at and headed. 2009 is going to be one for the record books and I dont mean that in a good way.
ParticipantYes, unfortunately, Rich is not immune. The last two investing reports on “gold and gold stocks” as well as the “US stock market is now priced for good returns” are a little off target, IMO. Gold had broken-down 6 months ago and will continue to break down for a while yet. The US stock market may enjoy this reaction cycle, but it wont last more than a few months before all the overwhelming bad news smashes it to new lows. The best and safest place to be right now is in the US$. This will probably be true for another 6 or more months. Check with Marc Faber and Bob Hoye for a historical perspective on where we’re at and headed. 2009 is going to be one for the record books and I dont mean that in a good way.
Participant10 years is a long time to have one of the biggest investments one ever makes just sit there or go down. Then throw in that it “will probably” have risen…
I think Someone got to Shiller and told him to “cool it with the reality stuff”. -
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