Saturday, May 21, 2011

up or down?

Hey folk

The situation now is there are worries for debt repayment in the Euro region. Any country or major bank have problem repaying, another wave of recession will come in.

However, we will also witness a major upmove if the unemployment of US is getting better, and they raise interest rate. I think you will witness one of the most massive up move in history. There is no one time in history that the interest rate is so low, and the govt is printing so much money to flood the market.

On the flip side, we will be entering into an era that cash is trash. Cash you are holding would not be as valuable any more. The next crisis that would occur would be monetary related.

Nth is 100%