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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (14331)2/2/2002 10:34:11 PM
From: LLCF   of 74559
 
<I'm flabbergasted, but he does have a good track record. >

Look at the date he started following. They guy is simply the flip side of Peter Lynch and all the 'stocks for the long run' crowd. He's been right for 20 years... ie. the bear market in gold. Big deal... he's assuming every central bank will sell every ounce, I don't think that's even close to realistic.

1.)Everyone's pick here for the most important country on the planet [China] is buying gold.
2.)No way the non-U.S. portion of the planet [almost everyone], is going to let the U.S. get away with the free lunch of having all those IOU's float around out there interst free. There will be plenty of monetary uncertainty, hagling, and probably wars over the privilege.

DAK
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