Posted 2:03 PM by Dil
22 December 2008 Bloomberg

Catastrophic 2009

LTCM not bailed out in 1997, would have been better

Mexico go bankrupt in 1994

Bank savers do stupid things when they cont get decent returns in bank

Treasury Bond Bubble,
mayeb weak currencies

Nov 21 oversold
after rebound, will drift lower again

not compelling on PE, book, div

commodity prices are relatively low
Asian markets also quite low
SK, Japan 1981 values, can still go down somewhat more

chinese economy will sufffer badly

like gold
gold miners, exploration stocks
oil at around thsi level, fairly attractive,


RT, BHB
Newmont (?)

morenaccounting standards

Glass Siegel was removed
Greenspan always objected to regulastion

a lot of volatility 2009
what will dollar do in gold
disastrous currency