And now we face a grim task; for now we have to reckon with the year ahead. Stocks are no longer absurdly over-priced. Nor is oil. Nor is anything else – with one major exception – U.S. Treasury debt. Should you buy stocks…or sell them? Should you buy more gold now…or wait for the first signs of inflation? Is it time to buy the oil producers…or the gold miners? Will the world economy sink into a Japan-like slump…or will the feds cause a Zimbabwe-like catastrophe?…
January 12th, 2009 | Bill Bonner | 1 comment | Continued


