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

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To: Tommaso who wrote (92412)3/18/2008 6:49:33 PM
From: John Vosilla  Read Replies (1) of 110194
 
Amazing how correct you ended up being. That was an interesting thread. Don't feel too bad. You were not alone in being called 'silly' back then<g>

I see another post today referenced a prediction that gold would never top $500 by a former 'deflationist'. I think gold eventually goes to a 1 to 1 relationship with the DOW and that will signal the top but we are a long long way from that obviously. For now we could be in for a major shakeout of gold as all attempts to revive the real economy take center stage.. How about gold and DOW at 20k in 2020 with cost of living up 4 fold by then, CA house prices at double the 2005 top,long term treasuries at 15% and Mish finally giving up and joining the other side signalling the inflationary cycle top after 'son of Volker' becomes fed chairman?
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