Zeev's Turnips Patch-No Politics (ZEEV)

[marginnayan]

is a moderate to serious recession in America.

Good post. In a nutshull most likely in 2005.

2003-2004 has been almost a jobless economic recovery. The phony GDP growth has been strictly coming from defence spending and mortgage refi/finance. With interest rates, this time, both long term and short term on the rise, the refi/finance schema and the binge spending, will slow down considerably and what will follow is a mild to a big kahuna. China including the Asian Tigers will ultimately follow the leader.

If I may ask, where are you investing for 2005, besides yellow metal ?