Good for Stocks, Bad for Real Estate

As I was noting the possibility of in my previous post, I think we hit the double bottom and can expect the stock market to trend upwards for awhile.  Could only be a few months, could be the better part of the next 12 months.  Who knows.

Thank God … whereas I am only down (as of today) just over 10% in 2008, that’s a big enough number for me to be pissed off about it.  I have bet heavily on physical precious metals and the ETFs that hold them.  Yesterday’s brutal ~$50 drop in gold and a commensurate % drop in Silver has been killing me (and it continues today).  Goes back to hedge funds deleveraging and other conspiracy theories which I think will settle out and result in a huge run in gold and silver.

I am indeed holding my breathe …  this is not for sissies.  Turning blue that is … Read more