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[andiron]

now it looks to me how this episode of reflation would end just like 08....while 07 marked the broader market top, oil and energy sector (XLE etc) went on the make new highs in summer of 08..mind you many in 08 were still pushing for another market high down the road..... so it seems like gold(GLD) and oil (CL/USO) are going to be big winner next few months... and high energy costs will finally collapse the economy as well as market.... i will be long again in these etfs on the dip.....