Hi Everyone.
It is quite sometime since I last update my Blog ...
There is afew thing have unfolded for the past few week which is quite spooky for flat currency , and debt market...
For all the bull and bear ... currency it is getting more bearish as it go forward ..
1)First the Greek hidden.
2)China start selling US Security,
3)tresury bond auction almost fail ...
This is something and we investor need to beware of the changes of this magnitube ..
Yestersday is a show of force of what is to come in the near future, question is : is the currency you are hold is up to it value even with debt/deficit ?..
Currency need to be able to store value but not accumulate debt ..
Gold have being used as mediem of exchange for the past 5000 years and still able to store value til date, history have taught about debt, inflation and economice collasp due to currency problem ..
Ok let jump into my view and trend ..
Let talk about debt in Greek and Fed , They somehow is it is as spook as it get
The deficit of Greek should not actual so much impact in EUR zone economice but what really shock me is the hidden debt which have being accumulate for the past years and ECB is not being able to audit the debt. Sound familar ... I think the Fed is also have ton of hidden debt and the big problem they are refusing congress to audit, this is someting which is more spooky then Greek's hidden debt.
From the treasury auction result, I feared that we might have a currency crsis which i really hope it will not happen, but if it happen well you guy better buy lot of commodities and precious metal in your portfolio... buy some real gold... paper gold is as good as Flat currency...
And china have being selling US security for the past month, well this is a change of trend, so i will not going to be a bull dollar from here on ..
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Why there is a big bang on market yestersday.
I smell sense of fear in debt market and currency, as investor shifting fund out to hold commoditites ...
Yestersday have caught alot of investor off guard but predictable is you knew what behind the move ..
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Any dip in commoditites is a BUY from here, timing wise will depend of your gust...I can tell you this , it is will nervous and depress on the dip ..
will be back for more ..
Tuesday, February 16, 2010
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