Seeking Alpha

mrbill » Comments » VALE

  • Time to Buy China, Copper, the Canadian Dollar and Oil [View article]
    * Looks like we're starting to hear "Decoupling 2.0". Wait for the rally, sell, rinse & repeat.

    * With that said, I believe someday there will be a decoupling, just not going to happen anytime soon. And, I do believe there's value in some Chinese stocks. For long term value, 20+ years, perhaps you can buy the ETFs.

    * And last but not least, the US economy will not collapse, at least not entirely (but it will be bad). The simple basic fact is, we are the greatest military power. The dollar will continue to be the reserve currency of the world as long as the world is forced to accept it while staring at the barrels of our guns. That is what keeps this economy going. If you think this is coercion and is morally wrong. You're right. It's both and I don't agree with it either. But that's how it works. This is the part guys like Peter Schiff (a very bright, but somewhat naive investor) don't fully get.
    Mar 05 21:47 pm |Rating: +3 -1 |Link to Comment
More on VALE by mrbill
Comments by Ticker
mrbill's
Comments Stats
68 comments
Rating: 116 (165 - 49 )