2012

[superfrank]

Biderman On 2012: Long Gold, Short EUR And Stop Praying For A Miracle
http://www.zerohedge.com/news/biderman- ... ng-miracle

Until there is a total restructuring of developed market economies to the point where entrepreneurs are encouraged to act and where government spending is 'closer' to government income and not to 'wish fulfillment', there can be no jump-start to growth. Political will remains bereft of desire to do anything but kick the can down the road - and unfortunately, that can is getting bigger and heavier by the minute.

As '11 Ends, 11 Charts Of 11 Disturbing 11 Year Trends
http://www.zerohedge.com/news/11-ends-1 ... ear-trends

[Iron]

If I were into fundamental trading, I'm not sure I'd want to to long on gold. Lots of banks may well be selling their gold to raise much-needed liquidity.

I'm also not sure that shorting the Euro is a good idea. If the ECB starts printing money in a big way, demand for the Euro could rise in the short-term. Also, if the Euro breaks up, I'm not sure that you'd necessarily be able to cash in your short position...

BTW, Frau Merkel isn't sounding a very optimistic note about 2012:

http://www.telegraph.co.uk/finance/fina ... -2012.html

Jeff

[Iron]

Addiction to Prediction - http://processmaximus.wordpress.com/201 ... rediction/

Interesting article...