maybe
but i reckon it will be more like one or two months
just dont see how we can have prolonged deflation in unleveraged assets (now if we had sound money and sound governments long term deflation could happen)
they have broke up already then - hope they had a good party
now that the term credit crunch can be understood by the populace
is there any chance of getting the word malinvestment out in the open
Maybe
but it was a quote from a federal reserve governer
just dont think this trend is sustainable - maybe its because i'm too cynical
data below from the Federal Reserve - and they always tell it as it is
Grandfather Debt Summary
be careful
plunges in the 70's - yep must be the start of a commodities bear market
pretty amazing the drop given the events in Georgia
maybe Precthers right re gold to fall (i'm still buying though)
Thinking
someone else expecting a gap up
The Good the Bad and the Ugly
edit to add
anyone know if there are lots of options expiring friday - is this the cause of the fall?
dont buy tesco i hate em
no sign of Cerberus today - wish hed get on with it - just updated my portfolio for the end of July and it aint pretty
The Four Tyres of the Apocalypse