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Strategies & Market Trends : Strictly: Drilling II

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To: Box-By-The-Riviera™ who wrote (1246)9/8/2001 7:44:14 PM
From: gold$10k  Read Replies (1) of 36161
 
Joel, that Hussman article is great, thanks. In the kernel of the article...

"1) The rate of inflation has been higher than 6 months earlier, 2) Treasury bond yields have been lower than 6 months earlier, 3) the NAPM Purchasing Managers Index has been below 50, and 4) the Gold/XAU ratio has been above 4.0, the XAU has soared at an astounding rate of 123.63% annualized."

...he seems to be describing all the elements of the soon to be or current situation, if inflation is about to rise... or maybe it already has and the US govt reports just haven't admitted it yet. <g>

vt
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