tag:blogger.com,1999:blog-11719208.post7060961964625765643..comments2023-11-05T04:36:14.223-08:00Comments on The Mess That Greenspan Made: Commodities correction underwayTimhttp://www.blogger.com/profile/16530974968126497397noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-11719208.post-46211447076723352132008-03-19T21:42:00.000-07:002008-03-19T21:42:00.000-07:00SW,I agree that the whole world is indeed probably...SW,<BR/><BR/>I agree that the whole world is indeed probably "f'ed". I suggest one reason could be that most nations are printing (so-to-speak) too much money. <BR/><BR/>As a store of value they are probably all going to be found lacking, it's just the dollar will be likely be found more lacking because of it's relatively high supply to even the others in the printing-press-philic crowd. <BR/><BR/>In any event, could it not be the case that gold will still go up, or at least be sustained, in real terms?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-6850347819595070412008-03-19T16:39:00.000-07:002008-03-19T16:39:00.000-07:00Now there are rumblings that some are trying to ge...Now there are rumblings that some are trying to get out of or modify the BSC bailout deal. Rich on so mnay levels. Perhaps Bernanke and the FED can print some shirts that state:<BR/><BR/>"I Tried to Save Bear Stearns and All I Got Was This Lousy T-Shirt!"<BR/><BR/>Ignore moral hazards at your own risk, especially when Wall Street is involved.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-40479191890654140112008-03-19T15:53:00.000-07:002008-03-19T15:53:00.000-07:00The Guess the Mid-year price of oil and gold conte...The Guess the Mid-year price of oil and gold contest will kick off in another couple week or so - should be interesting.Timhttps://www.blogger.com/profile/16530974968126497397noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-59021314887237476612008-03-19T13:21:00.000-07:002008-03-19T13:21:00.000-07:00Commodities correction now completeCommodities correction now completeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-14500506352377399902008-03-19T12:54:00.000-07:002008-03-19T12:54:00.000-07:00Guess the midyear price of gold and oil:Gold: $126...Guess the midyear price of gold and oil:<BR/><BR/>Gold: $1263<BR/>Oil: $121<BR/><BR/>extra credit for posting early??Erichttps://www.blogger.com/profile/12366384376791115495noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-19193096979254637572008-03-19T10:41:00.000-07:002008-03-19T10:41:00.000-07:00At some point, people will realize that the rest o...At some point, people will realize that the rest of the world is f'ed too and the dollar will stop sinking. When this happens, commodities are due for a serious correction. I don't know if this is happening now or if it will happen later, but it looks unavoidable to me. Commodities are looking really risky to me at these levels and some seriously good timing is going to be needed to avoid getting burned.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-81727108036399386492008-03-19T10:11:00.000-07:002008-03-19T10:11:00.000-07:00Housing bottom?No Tim, you didn't miss it. You hav...Housing bottom?<BR/><BR/>No Tim, you didn't miss it. You have plenty of time to short the market before the housing bottom in 2013.Anonymousnoreply@blogger.com