Monday, November 9, 2009

11-09-09

Here is a list of blogs i read on a daily basis. I feel that these guys really know what the longterm picture is for stocks and commodities. You can short Gold through and ETF called DZZ. Today could be an excellent time to get out of stocks.




I would regard a failure to hold above the “upside breakout points” in the period directly ahead with great caution. In the case of gold a decline below US$1,000 would likely lead to further more meaningful weakness, possibly down to between US$800 and US$900," Faber added.Faber has been reiterating, in various recent interviews, the notion of over-streched assets and a possible short-term dollar turnaround.Speaking in a Bloomberg interview from Istanbul on Tuesday, Faber said: "Maybe the dollar has made a turn, it can easily rebound by 10%”.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world. Dr. Doom also trades currencies and commodity futures like Gold and Oil.



My Blog List

Peter Schiff Blog
Savings And Interest Rates
29 minutes ago

Jim Rogers Blog
I Am Not Buying Any Stock Market Around The World
42 minutes ago

Oil Trader`s Blog
Volatility On The Rise. That`s Bearish.
11 hours ago

No comments:

Post a Comment