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Lapel, In |
Quote from my friend, Hardnox
"The big picture item that you have to keep in the back of your mind is that the global credit crisis isn't getting any better, it's getting worse. Central banks have thrown somewhere between a half and three quarters of a trillion dollars at it and it's sucked it up like a vacuum.
Markets seem to be very confident that the authorites will create whatever liquidity is required. Who am I to argue with the markets?
Gold is working on a nice breakout of a coil today. We'll see how that goes. Gold ought to do fabulously in this environment but has been relatively muted so far. Other stuff, such as grains, seems to have been the greater beneficiary"
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Peanut butter anyone ?
