jdl51

Where Are Jim Rogers, Marc Faber and Doug Casey Investing Their Money in This Market?

Rogers has been down on the dollar and pumping commodities and so far has been 100% wrong. Eventually it will turn around because both are very cyclical but by then you'll be broke. If no one has a job, it's going to be tough to have a commodities rally although with all the stimulus being pumped into the world economy something should break loose in the coming months. It's easy to say something will go up or down because that's what things do, it's the timing that is the key.

Will China Continue to Buy U.S. Debt?

Just imagine what shape our finances would be in if we hadn't had over $11 triilion in debt piled up since Reagan. The mantra deficits don't matter seems a little stale now. The Chinese have us over a barrel. Imagine if there's some military conflict, say over Taiwan. China has the financial health of the U.S. by the balls thanks to all that debt that's been foolishly accumulated. I expect interest rates to increase into next year and beyond to make treasury offerings more pallatible. Imagine what that will do to our already crippled housing market and automobile industry.