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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:
Gold, Oil & Indices (Equity & Bond Indices)
Discuss Gold, Oil & Indices (Equity & Bond Indices)
development back from a crazy buying spree...doesn't anyone recall 1001 analysts yelling Inflation! Gold soon above 2000! 5000 by year end! Its a few months since then. Could be gold was propelled by fears US could default , debt ceiling and other Hollywood plots. Such fears my return any time so I think its a normal correction in a bull market. I don't believe
China govt lets their shadow banking credit bubble burst. Could be gold 1300 is a super cheap buying opportunity.
i am waiting for Mar electricity usage, but sound like many big boys already knew.
famous people talk about gov cant let real estate bubble burst, if so gov gonna end with it. and blame USA drown them, hot money rush in through fake trade data...
and my father said this is not a right time to buy real estste.
i guess, stagflation is more correct for next few yrs. and real GDP could be 7.5%-5%=2.5%
after that, hyperinflation maybe. people beg/pray they can end up like jap, but refuse on their knees yet. idiots still believe they r someone big, just like NK.
Stocks are widely regarded as way over valued but the NYSE is rigged and everything else pretty much follows WS.
All bubbles go pop eventually.
China is proverbially the mother of all bubbles and this bubble should never ever go pop.
It would suck up all fake liquidity like a black hole and would leave the biggest deflation ever.
I think that will not happen.
China local authority debt ‘out of control’http://on.ft.com/1102Jbo
China is margined out of gold longs
AL, could u talk some more about it?