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The Mouth Of The World


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And still they're slamming silver like it is gold. Why is that? I say it's fear.

 

Nothing else makes sense.

 

Long-term, we all know that the dolor is toast. I will be adding to my core metal holdings when this little 'correction' is over.

 

There is simply too much liquidity running arond world-wide, too many paper promise tickets flooding the arena for gold and silver to perform poorly.

 

Everything is fine here in gold world.

 

My only hope is that they bang the price of physical back down so that I can enjoy buying a bunch more.

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Bill Gross's recommendations for the foreseeable future:

 

) Commodities and tangible assets

 

2) Foreign currencies

 

3) Real estate

 

4) TIPS

 

5) Global bonds and equities denominated in non-dollar currencies

 

 

http://www.pimco.com/LeftNav/Late+Breaking...03/io_dec03.htm

 

This from a guy who manages the largest generic bond fund in the world.

Pretty bearish for a bond fun manager.

 

However although he forsees trouble in the future, I think he sees it as occurring gradually - and that actions can be taken to adjust to developing events. ARMs seem particulary dangerous to the financial health of many to me, but not to him.

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After a horrid night of tossing..........

 

I sold my dongs...................

 

Couldn't take the sweat..................

 

Had to get out of the kitchen............

 

The money I made is DIRTY.............I feel ashamed..............

 

I'll never make it as an attorney..........I have a conscience..........

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