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Old 02-11-2010, 10:02 AM  
The Demon
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Quote:
Originally Posted by wig View Post
I think we agree on many things that might not be apparent.

I agree that long term, there will likely be pressure on the dollar and that bonds will decline (higher rates). I agree that gold in the long term will likely move much higher. I agree that fear and greed dominate. I would add that ppl act irrationally whether the shit is hitting the fan or not.

But contrary to one thing you said, I think there are people who understand why deflation occurs and what the results are during deflation.
I understand why deflation occurs, I'm just not believing it's occurring now and if it is, it's going to be a very short ride. I virtually have no dollar denominated assets either as I'm preparing for the dollar to crash. I'm interested in your investments.
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