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Reinko,
Jan 22 14:40 pm
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All Comments by MMMPARSLEY1 »“A Whiff of Panic...” [View article]
Do you think this portends to more aggressive rate cuts? If so, I think gold/international equity markets are safe havens from the US government printing press.
Also, do you think these numbers may be the reason we're seeing heavy selling on international markets. I see from the published spreads that individual Thai and Indian investors (among others) have been accumulating in the SET and SENSEX, while international holders (likely large banks) of foreign stocks are bailing - perhaps only for liquidity purposes.
Don't you think this is a reason for buying at these levels? The depressed prices have nothing to do with valuation reasoning.