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starboy

08/08/08 12:27 PM

#23401 RE: DeepBlue1 #23400

Steve, duly noted your comment here.
"Keep watching the comparison between OIL/USD/SILVER, the Olympics/Chinese, and the election and I think that's the best way to gauge what's going to happen."

Sooner or later the staggering personal and governmental debt loads have to have an impact on the dollar, and, most people still have to drive, and industries provide oil to keep their machines running. Silver will re-ascend at some point, I believe, as well as gold.


RedneckInvestor

08/08/08 7:53 PM

#23409 RE: DeepBlue1 #23400

...a probable Democratic landslide election coming up

Here's a refreshing thought... A majority of the people agreeing upon the same candidate... That, in and of itself, would be priceless. The olde "Can't we all just get along" thing. But sadly enough, I still see the country divided into two groups. Those who won't vote for an Arab, and those who won't vote for a career military man/politition. And the deciding vote will probably be cast in West Palm Beach.

Gold, silver, oil, dollar? Have you seen any charts on wheat, corn, soybeans & steel?!?

RedneckInvestor

08/08/08 10:30 PM

#23410 RE: DeepBlue1 #23400

Additionally, I saw there's a massive short position on silver (may have even mentioned it here). It's very hard to go against the grain and beat the deep pocketed hedge funds if they decide something is overvalued. Your chances are better going one on one with a real bear on the side of a mountain.

I thought the Olympic games were scheduled for Washington D.C. in November.... The lawn dart voting game... The one eyed vote counter... The hanging chad inspector...

I'm gonna fail this quiz on Monday, I can just feel it.