RockyR said
"mostly in cash here. sad"
hey Rocky, yeah...its hard to know if one should jump, the markets are so crazy
gold looking bubblelicious of late if you just look at the chart
but
when one considers the talk coming out of the fed...maintaining low rates
and all the rest of the craziness out there...gold probably still has a good run ahead of it
i guess...but i just dont know...and for that reason im never all in...in anything
and so ill never make the big hit...im notsosmart
theres a good argument out there that equities will continue to do well as long as the fed is demolishing the dollar
ie if one assumes any company has an intrinsic NAV then as the dollar becomes worth less the dollar denominated value of the outstanding shares should go up
heres my question, ...is this more true.... or only true... for companies that have international market exposure...i would think so,
and they should do "better" if (when) there is a recovering world economy as we, the (usa) are being dunked repeatedly in the toilet
Wednesday, November 25, 2009
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