Quote from makloda:
Link?
The quote from being the only economist in the world that foresaw deflation was from his Max Keiser interview which can be found on youtube.
The other three quotes are from his blog which you read as well so I am sure you are well aware of his points of view on them.
About the rally he just wrote a piece about a week ago about how the stockmarket has never been any more irrational then today.
About the Euro is a quote from the summer of 2008 where he explained his bullishness on the $ when comparing Eurozone, Switzerland, Brittain and US fundamentals with the latter coming out on top.
Escpecially given the status of the far more leveraged (and bankrupt) banking systems abroad.
'The Swiss Franc? Really? Look at those banks.'
Switzerland sold (or is planning to sell?) it's UBS stake at a 2 billion $ profit. CHF spiked.
About the oil worth only 20$ is hyperbole on my part.
He said late spring of 09 he expected oil to hover between 30$ and 60$ a barrel just as he predicted in the winter of 08.
Today oil hit 82$.
Who knows, perhaps he will be vindicated at some point in the future again. I am not pointing any fingers here. WTF do I know.
(You must forgive me for not having the actual links to the quotes but I have quite the memory when it comes to these subjects as I have a position in currencies, the stockmarktet and commodities myself and I am always on the lookout for people with the best trackrecord.)
Cheers.
