fraught friday, page-56

Rickstar

You may be right about China and the US but I don't share your optimism.

China is about to have a severe case of inflation through both food and wage demands.

The US I believe will be stagnant till mid next decade which is typical in its economic history.

High commodity costs are the worst scenario for the US, so either they prosper from a rapid drop or we do from the opposite.

I suspect we will have little bouts of both, that give us a topping pattern over the next few years and some rallies and subsequent falls in the US. This is probably a time when our markets decouple as it has at times in the past.

When we go up they will fall and vice versa, until 2013 at least.

I have never been wrong, in my dreams.