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  • jaquecroissant jaquecroissant Mar 7, 2011 1:13 PM Flag

    Ben Bernanke is a rock star!

    I agree with you and if I had to pick a side, I'd say I'm certainly more Austrian School than Keynesian. This is why I like guys like Marc Faber so much. He understands market psychology so well. I like Jim Rickards as well although he doesn't have many positive things to say about the stock market.

    Ironically, even though I'm very bullish about precious metals and commodities, my largest gains have always been in other sectors such as tech and consumer discretionary. Again back to Faber, he knows that stocks in general are "hard assets" just like gold and oil. Only US government bonds and us dollars are worthless paper, the key to survival is to simply accumulate more of those useless dollars than the average Joe so that you can beat inflation. We still have to use dollars....at least at this point hahaa....

    http://www.youtube.com/watch?v=zjcj7U5kdjA Jim Rickards on the SDR.

 
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