I agree with Strike, people act out of reflex, remember when they downgraded the US credit rating, so what do people do? They sell stocks and buy treasury bonds in mass, now think about that, they downgraded the US credit rating, people sold stocks, thats understandable, then they buy Treasuries. WHAT??? Thats what they just downgraded. Bill Gross was totally shocked , he sold his treasuries for this exact reason and expected a sell off after the downgraded, but we got a rally in Treasuries.

The Masses are going to take time to respond to this crisis the way they should, buying precious metals. There reflex is to run to the Dollar, or Treasuries, which is comical, this will take patience and be interesting to watch.

In the end, this will play out the way we think it should, but the road to get there might not be as direct as we think it will be .

Rams