/biz/ - Business & Finance

>>56493697
>>56493530
>At its peak in 2000, Cisco stock traded above $79 a share, for a market cap of $546 billion -- surpassing Microsoft as the world's most valuable company and inspiring estimates that it could surpass a $1 trillion valuation.

>Unfortunately, the runaway success was not to last.

>The networking industry had, for all intents and purposes, never before experienced a steep downturn, and unchecked optimism about the growth of the internet prompted the company to ramp up production and expectations to unreasonable levels. This excess exuberance later translated into a $2.25 billion inventory writedown in 2001, when the dot-com bubble deflated.
inventory writedowns and unchecked optimism about growth, huh?

>This will be the hardest time to hang on in this mega bull market. Interest rate tightening with the Fed causing an export of inflation as dollar stays relatively strong. Gold rises in all other currencies as dollar holds up better. Contrary to many beliefs, the current monetary system will break on the back of a strong dollar. How gold reacts will be hard to time. Better to ride it out and add on weakness. 2 maybe 3 more rate hikes as system breaks from usd strong while fx and euro get hit with the brunt of the price rises. Fed then steps in as the anointed savior . Even though they have willingly caused the problem to position themselves to introduce their solution. This all happening as pm's gyrate around waiting for the green light to launch. Very difficult to trade . Find your quality juniors and add on the dips. News/drills could also cancel out much of any weakness and valuations could/should rise despite short term metals sentiment. As you can see too many moving parts to jump in and out and risk being left behind. A digital FED currency(to track all transactions) will be their ultimate goal.Having physical out of the system is advisable as well. I'm staying long.

Good post from my boy