Fiends In Stocks

[DeepBlue1]

Every single one of your points is totally valid and I'm pretty sure I agree with all of them. Part of the problem is that this is SO COMPLEX and all these factors and consequences are hopelessly intertwined that to discuss them as a whole is really beyond me to tell you the truth.

I do think that if we approach each point separately it would be a lot easier to wade through it all and eventually make sense of the whole picture.

There are maybe some things we can take off the table right away though in order to simplify this.

First, let's take off the "who's going to get screwed the most" argument since we both agree that the little guy always gets the short end of the stick. That's already baked into this cake in this as in all situations involving the stock market. Hopefully sometime that'll change but for now we just have to live with it.

A second point I think we can discount is that this unprecedented multi-national unified approach to inject liquidity until the cows come home HAS BUILT A SOLID DAM against a depression and I'm even thinking they may have staved off the worst or the recessionary possibilities as well. I'm now looking for the bottom to settle in with a range between 7500 and 9500 to begin with and to quickly narrow even further evntually going almost totally flat for a while.

What that leaves us with is the basic battle between inflation and deflation and what effects that will have on prices and jobs.

There's also something that's just now beginning to be discussed, and that's the coming defaults of NON-BANK entities such as retailers and probably many more coporate entities who also OVERLEVERAGED in their buyout transactions for instance. There are going to be A LOT OF DEAD CORPORATE BODIES laying around before this is all said and done BESIDES BANKS.

These will be like roadside bombs that are going to be detonating around us as we go down this road and our job is to AVOID STEPPING ON THEM and getting caught in the explosions. This is going to make things exceeding difficult for anybody wanting to invest in individual stocks for quite a while.

What I'd like to start with is something we both have an interest in and probably the best understanding of at the moment, and that's the INFLATION/DEFLATION question and also how that will affect SILVER/GOLD investment.

Let's start there and I think we may find the answers to some of these other questions in the process.

By the way...what I AGREE MOST WITH is that EVENTUALLY, CURRENCY INFLATION is going to be HUGE and WORLDWIDE and precious metals WILL HAVE THEIR DAY IN A BIG WAY at some point. Let's see if we can figure out when, how much and a strategy to best take advantage of it.