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Gold/Mining/Energy : Gold Price Monitor
GDXJ 109.23+3.7%Nov 28 4:00 PM EST

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To: Ironyman who wrote (41663)9/30/1999 10:39:00 AM
From: C Hudson  Read Replies (1) of 116782
 
I thought I'd post this here....It's brilliant! From Kitco.....

Date: Thu Sep 30 1999 10:30
Gollum (@Forklift) ID#35571:
Copyright © 1999 Gollum/Kitco Inc. All rights reserved
A tidal wave moving across the ocean is only a few feet high although it does move pretty fast. It is lost among the wind driven waves. Even an eighty foot tall hurricane driven wave, however, is a peanut compared to the tsunami once it gets near shore. Why? Because the wind wave is very shallow. Go down a few dozens of feet below the surface and you wouldn't even know there was a storm going on. The tidal wave on the other hand goes all the way down to the bottom thousands of feet down.

What we are seeing is the tsunami moving across the ocean and nearing shore. The markets are all interrelated like a vast ocean and THIS disturbance goes all the way down to the core.

Did you notice how the bond and equity markets plunged as the POG hit it's top?

It's not surprising that you see the turmoil in the real estate market too. There is a great disturbance in the force.

We are seeing a turning point in the value of things as opposed to the value of paper. For years inflation has been held down by holding up the dollar. So now a new turning, a new cycle, and the wave comes rolling in.

crbindex.com

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