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Strategies & Market Trends : Ride the Tiger with CD

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From: Fishfinder	9/8/2011 1:28:34 PM
	Read Replies (2) of 312839

When you look at the historic charts of, say, just about anything. Any time there is a big spike there is an equally painful crash. The POG chart today is looking extremely scary when compared to other spikes from the past. BUT, it looks as though much of this increase may well be justified. #1 A global truth is emerging that Fiat $$ isn't real and going back to the God Standard may be necessary. #2 There is much more pressure on the POG recently as there is so much more wealth in the world. #3 The cost to dig Gold and other commodities out of the ground has gone up dramatically. There are a lot of intrinsic reasons for the huge price increase in gold and therefore a lot of the spike in gold may well be justified. Is the POG destined to fall, or is it looking for a new normal? Also what do the Banksters want ?; because in the end they have always gotten their way!!! so far. scot

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