I listened to it three times to try to be sure but I think Labor Secretary Elaine Chao just told Maria that August is always a "squirrelly kind of month."Did anyone else hear that? Do I have it wrong?
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Tuesday, September 18, 2007
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I listened to it three times to try to be sure but I think Labor Secretary Elaine Chao just told Maria that August is always a "squirrelly kind of month."Did anyone else hear that? Do I have it wrong?
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9 comments:
Since everyone else is raising interest rates like the Chinese, won't it devalue the dollar even more? I'm thinking Gold is the way to go here.
Thoughts Roger?
i said this morning i have been in the weaker dollar camp.
i own gold across the board. I wrote a post for TSCM questioning whether DBA, which i own a little of, might be better--I am undecided on that point. but everything else being equal gold should go up if the dollar weakens.
Roger,
Would you care to share your gold picks :)
Thanks
when i say gold i mean GLD, i have disclosed that many times. I publicly swapped out of AU into GLD in February, 2006.
10-4 Thanks.....is there a double gold ETF that you know of?
no leveraged product that i know of, check w/direxion funds tho
Hi Roger,
I'm sure I have used up my questions quota for the day, but can you be kind enough and tell me what gold has done historically during periods of recession?
Thanks and sorry for the run on sentence.
Just dipped my toe back in the water after beingg in cash for three years. I bought some double index etf's. Let's break those highs guys.
Sell everything guy is going to change to sell everything priced in dollars.
that still leaves alot to buy gold, other commodities, foriegn equities.
I do not know why I believed the Fed was not formed to bail out hedge funds, but I will not trust the Fed in the future.
Which is not to say I will not respect the power these scoundrels have.
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