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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: CalculatedRisk who wrote (86621)9/20/2007 4:12:09 PM
From: GST   of 110194
 
I remember 79 as well -- but I have my eyes on the future, and the future holds a sea change in global investment where the world is awash in US dollars that are sinking and gold is emerging as a good alternative. Gold is a small market relative to the currency markets -- that makes it a potentially explosive positional investment -- the next bubble if you like to put it that way. If gold does "bubble" it will not be at $730 spot -- bubble prices will be far, higher than where we are now.
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