If the commodity "bubble" is over, please tell what the next hot area will be to benefit from the TRILLIONS in liquidity sloshing around the world economies? It has to go somewhere.
The "TRILLIONS in liquidity" can be used to pay down debt. Indeed, if there are no good places to invest the money, one should expect this.
This isn't a prediction, but a possibility. But with the current credit squeeze, we do seem to be on track.
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
It would seem that many folks at this time are paying off debt and or storing funds in accounts that are more liquid. At some point when they feel more comfortable investing in commodities it will rise. When, who knows.
Timing is the big catch for everyone.... trying to hit peaks to sell and lows to buy....of course, so many actually do it just the opposite.... Cheers, RickO
Comments
The "TRILLIONS in liquidity" can be used to pay down debt. Indeed, if there are no good places to invest the money, one should expect this.
This isn't a prediction, but a possibility. But with the current credit squeeze, we do seem to be on track.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Couldn't help it, listen to this Bullshat........
Carlin on Bullshat
Pre economy meltdown thread.
Gold was a good pickup at $805.
It was the best of times it was the worst of times
Sold a large position in silver, to pay off all debts, public and private. This thread is a good reminder that "timing" is paramount.
Timing is the big catch for everyone.... trying to hit peaks to sell and lows to buy....of course, so many actually do it just the opposite....
Cheers, RickO
Still pretty bullish here.
I knew it would happen.
Buy high...sell low. Make it up in volume.