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Tuesday, October 07, 2008

Time is to Cut Fed Rate and let the US Dollar sink instead of all economy.

If you feel Fear - you are not alone. This is The Fear index: it is above 50, total panic - serious damage has been done to the confidence and all babies are thrown out with the water and there is no End to this suffering. Even Google GOOG is taking my advise and tanking faster then Nasdaq QQQQ into more sensible valuation. Gold is holding well above 850, all Gold stocks and juniors are crashed as if Gold was below 350 again. It is called desperation and a life time opportunity. If you are still solvent, it is time to Buy. Help is coming, Rates will be Cut, time is for US dollar to sink, not for all economy. Once Greed raises its head you will be surprise how the mood could change: even yours. We are all animals after all...

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