Wednesday, March 23, 2011

SOS Japan Disaster!

Only 2005 & 2009 - no earthquake
From 2004 to 2011 - there are 6 earthquakes out of the 8 years

Without government bailouts and sweetheart deals arranged, quid pro quo, with insiders and corrupt bankers; Buffett’s track record would suck. Why does anyone listen to this guy whose sole talent is fluffing Charlie Munger (said MaxKeiser)

Bill Gross of Pimco predicts doomsday on July 1, 2011, when the QE2 ends.

2007 to 2011
Gold price up from USD800 to USD1400 per oz up about 75% (4 yrs)
In RM terms, it goes up about 46% (4 yrs) because RM appreciated from 3.65 to 3.05 per USD

David Morgan, in the short run (2nd or 3rd quarter of 2011) will correct to USD24 per oz from the current high of USD36 per oz.

No comments: