Posted on 10/18/2007 6:07:42 PM PDT by bruinbirdman
What is the benefit (other than to speculator types and arbitrageurs) to differently valued and fluctuating currencies?
Where do they now make those goods?
You think the US complains about losing “good jobs to foreigners” what you think the Japs say??
Dems are not behind the destruction of the dollar, Republicans are. Of course Dems could have and would have made its plight far more poignant, but due to their earlier non-majority status that dubious distinction is entirely owned by Republicans. Of course the Dems cheer news of disaster like a mortician with excess capacity. No they are not likely in cahoots with the Fed, even though Dems would love recession speak prior to general election.
It’s not bad news, It’s the market. Play it. (It’s Global now by the way)
Commodities are turning into the next bubble at any rate. Dotcoms then real estate now commodities.
:^)
I’m up 140% in the last 4 years and do not invest in currency whatsover or any other speculative investments...Only large mutual funds with at least 10 years of history.
That is almost exactly the same answer i got in 1999 when I screamed and yelled at folks that the bridge was out, and that tech stocks would kill them. They were pretty smug about how much money they were making....
Good going, you’ve made money. Not a bad thing at all, it is just that the game is pretty much over, the bubble is about ready to burst. Same thing with foreign stocks, and especially Chinese.
I’m way up and wonder when to bail! Any Suggestions?
Since Oct 2003, you own mutual funds that are up 140%? Really, what funds are they?
I feel the same anxiety! I’ll pose the same question, Do you have a silent indicator that says jump? (one FReeper to another) :^)
dittos, and then what will the Chinese do?
Saved by the Cowboy! Thank goodness, getting lots of arrows shot my way...
The bond thing is important...
What are we supposed to do? Hold a gun to the heads of foreign countries and MAKE them buy stuff from us that they can get elsewhere for half price?
Economic simpletons amuse me.
I bought gold in 1978 and it was 198$
Today that would translate into 631$ so gold is still reasonable
http://data.bls.gov/cgi-bin/cpicalc.pl
Bet on natural resources commodities and gold
Weiss reports here
http://www.emailpreferencecenter.com/epcLogin.asp
My mutual is hanging on (17%) but I went private on the dollar creation without backing and hedged. It paid off. I know it won’t last but want to get out near the top. Any help from the pro’s would help.
I have it on good authority that it will be called the Illuminato Council Unit.
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