tag:blogger.com,1999:blog-7837682047923877072.post5244242276312056953..comments2023-11-02T07:05:00.224-04:00Comments on WebSurfinMurf's Financial Blog: Are bears afraid of bulls?WebSurfinMurfhttp://www.blogger.com/profile/01161551963069960055noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7837682047923877072.post-28757888804843398772009-06-05T09:44:08.630-04:002009-06-05T09:44:08.630-04:00One other point. Currency vs Currency, the US is ...One other point. Currency vs Currency, the US is NOT that bad off, atleast if you look at Euro and other western currencies.<br /><br />What the USD will lose significant ground to is asian currencies. Many don't have the debt that western countries do.<br /><br />So USD vs what? Gold, USD loses. Euro? May be a wash.WebSurfinMurfhttps://www.blogger.com/profile/01161551963069960055noreply@blogger.comtag:blogger.com,1999:blog-7837682047923877072.post-45347399822840564462009-06-05T09:31:09.592-04:002009-06-05T09:31:09.592-04:00I agree with Jim Rogers in the long term, hence re...I agree with Jim Rogers in the long term, hence resource plays are my primary investment.<br /><br />BUT I disagree that the government will allow this to happen, they know this leads to disaster.<br />So what I believe will happen is the government tries to contain inflation, one side effect is market falls much lower. THEN inflation.<br /><br />If the DOW hits 4-5K or lower, the "Defense" for why we caused inflation will be "look at where the market was, we had to try".<br /><br />I don't think the markets have hit far enough into crisis to justify the debasing of the dollar on a massive scale that we will eventually see.<br /><br />But then again, what do I know?WebSurfinMurfhttps://www.blogger.com/profile/01161551963069960055noreply@blogger.comtag:blogger.com,1999:blog-7837682047923877072.post-32554496829358310922009-06-05T08:32:39.662-04:002009-06-05T08:32:39.662-04:00Hey Murph,
I caught Jim Rogers at lunch yesterday...Hey Murph,<br /> I caught Jim Rogers at lunch yesterday on CNBS...<br /><br />http://www.cnbc.com/id/31106964<br /><br />He had a few words on shorting the market. Basically you can't trust what the govt is going to do. They could print it to Dow 20 - 30,000.Ragnoroxhttps://www.blogger.com/profile/01609021611213906196noreply@blogger.comtag:blogger.com,1999:blog-7837682047923877072.post-63680062644015472272009-06-05T08:24:21.346-04:002009-06-05T08:24:21.346-04:00This comment has been removed by a blog administrator.Unknownhttps://www.blogger.com/profile/03192683515898232568noreply@blogger.com