Why do you declare the author a moonbat?
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This guy is nuts. Like many others who publish crap like "Ten Stocks That Will Soar in 2006" and "How To Avoid The Coming Crash" and crap like that, he is out--and they are out--to bilk the gullible.
I happen to subscribe to this so called 'moonbat'.
I can assure you, he is no moonbat.
The other 'moonbat' I subscribe to is a foreign currency analyst...and that 'moonbat' agrees with this 'moonbat'.
Both of these 'moonbats' have been right about 80% of the time this year...
Perhaps you could pose a counter argument in favor of massive inflationary fed practices, the desire for an inverted yield curve, surging trade deficits, surging debt, monetization of the debt by the fed, and surging commodity prices...
When you have your argument together let me know...
Ignore him at your financial peril.