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<p>[QUOTE=&quot;mikem2000, post: 2164049, member: 30574&quot;]You can read my above post to Longnine about the odds being against another 2008 style pullback, that about covers it</p><p><br /></p><p>As far as the extra capital, there should always be an expanding money base. It is needed. I have posted before that even when on the Gold standard, the money base grows as more Gold was mined. Folks can argue all day long on the correct amount to grow the money base, but make no mistake about, some level is healthy for a growing economy.</p><p><br /></p><p>For you second point, you now seem to be talking about EQUAL risk with your statement about the two being comparable.&nbsp; Well if the downside risks are compareable,&nbsp; why would you pick the asset class with the much LOWER upside potential. Sorry, but that just defies logic and common sense. </p><p><br /></p><p>For your statement about 7 years cycles, that really matters little as we all know, an equities downturn will come, it is just a matter of time, but we don&#039;t know when. The only thing </p><p>I said is the odds are the next one will not be as severe as 2008. I stand by that statement and have posted in detail, why that is my belief.</p><p><br /></p><p>Finally, I don&#039;t find my posts hypocritical at all. I am not sure why you do. Please expand your logic so I can defend my position. I mean wasn&#039;t I correct over the last five years???. A winning strategy is just that and anyone who has been aligned with my logic and strategy is financially better off today, so please don&#039;t compare that with the folks posting losing strategies.&nbsp; Also, I do not push stocks.&nbsp; My recommendations have always been an aggressive balanced portfolio, which can even include metals if the valuations justify which at this time they do not.[/QUOTE]</p><p><br /></p>

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