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Po_d Mainiac Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-11-09 10:01 AM
Original message
bubbles anyone?
There are surely dangerous economic bubbles forming as we speak

http://www.businessinsider.com/bubbles-in-the-making-2009-9

The "China Bubble" looks kinda familiar :nuke:
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Robeysays Donating Member (512 posts) Send PM | Profile | Ignore Fri Sep-11-09 10:09 AM
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1. china's problem will be...
as soon as they stop manipulating their currency, Hyperinflation will begin. you can't have +10% GDP growth annually with out problems.
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Syrinx Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-11-09 10:30 AM
Response to Original message
2. Bubbles
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Po_d Mainiac Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-11-09 01:54 PM
Response to Reply #2
3. yup,
And gonna leave a nasty mark/s when it starts to fall :hi:
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slackmaster Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-11-09 06:45 PM
Response to Original message
4. I sold half of my silver (SLV) at $16.43 yesterday
I have for a long time watched the ratio of the spot prices of gold and silver. When one is disproportionately high, as silver is right now, that's a sell signal for me.

I had bought it at $9.32 BTW.
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Po_d Mainiac Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-15-09 04:53 PM
Response to Reply #4
5. If you had watched
half as much as you claim, then you would have held...Silver has been lagging. Big time. When the US was on the gold standard the ratio was approx 24:1 hmmmmmmmmm you dumped at what? 60:1 Whoever you sold to made 3.75% in four (4) days. Your savvy underwhelms me.
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