Posted on 05/17/2006 10:51:51 AM PDT by soccer_maniac
OK, the dollar's dropping. I moved money into international markets, and they're getting hammered. I bought gold ( shares) and they're getting hammered. I got into natural resources - and yep, they're getting hammered. So, where do you go when you feel the dollar's going to drop 20 to 25% and it'll take most of the world down with it? Anyone?
No, this is because the Federal Reserve is as clueless as ever and will keep raising rates until there is some serious economic damage.
I also agree with others that a stock market correction is long overdue. (But that's no excuse for the Fed.)
No, not at all. I am saying that sometimes people get wrapped up in interest rates and gas prices and forget some obvious political impacts on markets. Expectations about future business climate, etc.
Bueller? Bueller? Housing? Housing?
Well, I won't entirely be convinced until I see some evidence that movement of the immigration bill does NOT track with changes in the Dow. It may not, but we should talk from evidence, not opinion of what might be happening.
Their picks are Wrigley gum and a handful of foreign stocks that pay nice dividends and have ADRs here in the states.
Own plenty myself, and I feel for you (and myself)
It's the completely separate nature of owning the physical metals, not a proxy therefor, not a subset, stand-in, or substitute of/for a proxy. I wish I owned more physical.
Nice chart.
Now, to do some real good, you have to look at 5 year, or at mimimum three year interval.
2-4 hour grpahs show nothing but gambling.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.