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A bet on Canada is a bet on the commodities markets, plain and simple. Canada is fucked if Bob Prechter is right. Canada does great if Jim Rogers is right.
by rubashov 16y ago
A bet on Canada is a bet on the commodities markets, plain and simple. Canada is fucked if Bob Prechter is right. Canada does great if Jim Rogers is right.
- fauigerzigerk 16y agoI don't know. Isn't it possible that Canada does well supplying resources to emerging markets and the US stock market that Prechter talks about still goes down or stagnates? Prechter and Rogers don't make predictions about the same thing.
- lzw 16y agoIn an inflationary environment, the US Stock market will likely go up due simply to the value of each dollar going down, meaning that a given amount of economic value delivered results in more dollar profits and more dollars in the stock price. So, you could have a losing investment economically even though the prices went up! Imagine what the last 10 years of S&P 500 would be indexed to growth in your favorite money supply index.