Msg. 04098 of 47202 (This msg. is a reply to
04096 by
capt_nemo)
Jump:
Nemo,
re:Your 0 hedge chart…
That's an interesting chart. Unlike in 2010 when most of our economic maladies were derivatives of the 2006 housing collapse, I don't know what the driving force is for the current problems. The failure of Obama's economic policies? The collapse in oil prices? A depression in the global economy?
I'm thinking all of the above and perhaps some other problems too. It's bad news. If the cause isn't readily apparent, then the Fed is unlikely to have a quick solution. I also suspect that the Fed is running low on bullets. REALLY low on bullets.
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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