Depression in the USA - Deflation verus Inflation
Strat - "Hi Tricha, In denial in regard to what?
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Timing is everything "
Everyone one is in Denial ( including myself )
We have been on the gravy train for the last few years and it has stopped.
New threads popping up and going around the real issue ( description of Yogi, Poll buying ........., Making money in resources, Investment theories, Beware of investor chat )
Recession and the effect it will or will not have on the rest of the World and our portifilos.
1 - The USA is in recession.
2 - Peak oil and how high oil prices will effect it, the world requires cheap energy for growth.
3 - High interest rates effects on business profitability and consumer spending.
4 - Gold as protection.
Every which way I look at it, I can not see how with high inflation the US can keep dropping interest rates.
It has been a long time coming, But I think this would have been Gerrys year, this year is going to be very different.
Food for thought! Yeo get that grey matter thinking.
Where to from here :confused:
Everyone in denial still or are your heads buried in the sand.
Quote:
Originally Posted by
Shrewd Crude
Tricha,
Ive personally found that some of my contacts dont want to really talk about the 'credit crisis'... BUT, My contacts who are either heavily invested or have the big smarts are thinking about it hard... I generally found that at the last few sharetrader meetings that nobody really wanted to talk about the market in general, but I did miss the last stellar CHCH meet...
:cool:
.^sc
The music is about to stop in the USA, whos got the parcel :confused::confused:
The fund managers seem to be bailing out of metals, where will that cash go, fixed interest or safety stocks like banks, with Centro on the blink, maybe banks are a bit shakey as well.
Dumped a % of my metals as well at a big loss I might add and bought gold shares, before the fund managers do.
Gerry would love this one, the gold price has gone off, but most gold companies have not .................................................. .............
Cash in the bank, yep short term ok, but inflatation and even hyper-inflation.
Remember that word Hyper-inflation
Germany had it in the past, worth reading up on, the US surely is heading down that path.
Can Asia save us, does anyone really know.:confused: