phil w
in the short term fear and panic rules, in the long term fundamentals win out. its all about making money.
in the usa the housing is certainly in a down trend. this will reduce their needs. i think it will take a little time to realize that the USA while extremely important is fast losing its grip on super power status.
foolish policies on Iraq etc are crippling the nation.
look to the emerging markets of china and india for the most massive growth seen in our lifetime.
1/3 of the worlds population in two countries eager to have the American lifestyle which requires massive amounts of commodities (metals etc)
China has good reason to understate their growth, namely the desire to get those commodities cheaper.
If Jim Rogers is saying its so massive that i am moving there then its good enough for me.
Sorry Gann and Plushtek i have to go with Jim in the long term, but you are right in the short term.
cheers and bottoms up.
PS is Jhaman dead?
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