Been meaning to reply to your post Herman, sorry I haven't, been very very busy, still am.
Agreed with all your points...
Atlunch, I disagree with your deflashonist ideas, short-term yes (six months), long-term, NO - Ben will fight tooth and nail to inflate, so this short-term down movement in all commodities is just a buying op while funds/merch banks grab liquidity to keep their balance sheets from turning very negative, flight to gold will come, and soon!
Anyhow don't have the time to go crazy into detail...I have been reading a few of your posts - keep up the good work!
Did you check the lease rates tonight? up in a big way despite rumors of a fed move down!?!
Interesting times!
I'll be back on this thread when I have more time...
All the best
Been meaning to reply to your post Herman, sorry I haven't, been...
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