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View Diary: Jobless rate hits 8.2%. 'Missing workers' make the situation look better than it is (349 comments)

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  •  In that case (1+ / 0-)
    Recommended by:
    Odysseus

    buy gold and oil and dump bonds.

     Actually dumping bonds aren't a bad idea anyway because they are already priced to perfection.

    Callate o despertaras la izquirda! - protest sign in Spain

    by gjohnsit on Fri Jun 01, 2012 at 06:34:59 AM PDT

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    •  I did long ago (2+ / 0-)
      Recommended by:
      gjohnsit, Odysseus

      I bought Gold the day after the 2004 elections when I realized that American's were far too stupid to realize the consequences of electing Republicans.

      I've been buying oil below $97 and will be adding more today.

      The bonds won't collapse for awhile yet.  The Europeans are going to dump Euro's and rush to dollars for awhile.

      •  I agree on every level (1+ / 0-)
        Recommended by:
        pollwatcher

        but you gotta be careful about bonds.

        Granted, I agree that Europeans will rush to dollars, but its like buying a bubble: its buying something overvalued in the hopes that a bigger fool will pay even more.
           That strategy might pay off, it might pay off big, but there is a risk.

        Callate o despertaras la izquirda! - protest sign in Spain

        by gjohnsit on Fri Jun 01, 2012 at 07:04:42 AM PDT

        [ Parent ]

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