March 09 the DOW was at 6600 now 11491 can't say that stocks are undervalued esp. when you look at the ever increasing debt to keep the US economy ticking along with most of the debt funding coming from the free money printers at the FED --whats in store in 2011 more money printing more debt for the yanks to keep it's superpower status
the USD is up 6% for the last 52weeks
jim rogers--inflation,harry,larry,barry
http://www.youtube.com/watch?v=0jIEo8SJAJE
In many ways Britain USA are bankrupt muti tillions debt and rising with only deficits how can you pay down debt if at every Qtr year etc you lose money pretty simple really an it's really become the norm for many western economies looking towards the future to growth in the mean time debt keep the living stardards Wars in balance