Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Moominoid who wrote (48947)	4/22/2004 10:46:53 PM
From: EL KABONG!!!	of 74559

Hi Moominoid, Gold maybe about to rise? Short term, anything is possible... But I think the longer term will bring the PoG down under $320 (US). Once China stops (or is forced to stop) buying any and all available commodities to supply raw materials for its overcapacity (in whichever industry), we could witness a deflationary environment in commodities, and gold (being quite heavy, of course) could plummet as quickly as anything else. So says "smart money". (I'm the global poster child for "dumb money". <g>) USd to fall again? Again, "smart money" says no... Greenspan (et al) will save the collective butts of the US citizens... Somehow... Some way... Something that everyone else is overlooking... Of course, "dumb money" has no idea whatsoever what that something is... KJC

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