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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (90971)10/29/2009 12:34:41 PM
From: Real Man  Read Replies (1) of 94695
 
Gold could go to $1300-1400 this season, and Spoos could
go to 1250. Obfuscation rules. We are seeing economic recovery
in nominal terms, while the government is altering
the denominator. Oh,
and this does create jobs. Everybody is happy.

Then, to really access if there is any economic recovery,
you have to believe the government numbers. Real GDP. Print
some, GDP goes up, dollar goes down. If you lie about the prices,
you have a recovery in government statistics, while the
you feel how your own living standard is slipping away.
The money you get is just no longer enough. You have
to go into debt to buy necessities. You feel something
is not right. There. But you don't know what. Obfuscation. -g-

Or you could just
ask gold. Gold says we are in depression for almost a decade.
Unlike the BLS, gold does not lie. -g-

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