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Yes the bull lives because inflation is dead and fear is running amuck in the streets as we await Ben's choice: tough it out and let the blood run as the mess untangles itself, or fight it with the presses and out the PM metals freaks (I am sort of one). I don't agree that oil will fall too much further; it is in short supply and even a depression requires light and power. What I really want to know (as do thousands) is what are the options? We are just not sure BB knows the limits. We know Obama and McCain haven't a clue, and Hank is out of here soon. I think the hit the wall deflation is likely with a wild bail out boom followed by stagflation for a decade. Not good. Keep a hoe and few seeds.
Sep 05 18:51 pm
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All Comments by whidbey »The Treasury Bull Is Alive and Kicking [View article]