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I think the cheap money is gonna take longer to stablize than a year.. I see this as deepening for 08.. maybe 09.. By then housing and general economy looking bad but the rabid inflation will make measuring assets in nominal dollars not look as bad as it is in purchasing power.
I still think precious metals are going to the moon this time round.. 1000 in 08 on gold but that the chance of many multiples above what we now have in next half decade looking very real to me.
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