Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Secret_Agent_Man who wrote (21590)	10/13/2001 7:27:29 PM
From: yard_man	Read Replies (1) of 52237

JMO, C4T, but here it is ... anthrax or even an ambush that kills several American soldiers on the ground won't be the catalyst for gold's rising ... There are many that have pointed to Sept 11 and say, "see, I told you -- gold price is still capped ..." They are actually right in a narrow sort of way. Gold won't rise because of a terrorist threat, successful attack or some other military crisis. Gold will only rise if there is a real shaking of confidence in economic policy makers ... Again, JMO, but I believe many will miss the initial rise because they are looking for a coupling to the wrong sorts of events. Gold is not an anti-stock (don't look for it to rise just because stocks drop). Gold is not a safe haven in case of war. Gold is a put on the confidence in economic policy makers who have been made out to be gods of the last few years ... Confidence remains quite high for now, but such confidence is neither well-founded or as stable as it would appear to be. Sept 11 may actually have been a catalyst to delay a potential rise in gold -- seriously.

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