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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: Jim Willie CB who wrote (51594)5/17/2002 11:23:52 AM
From: t2  Read Replies (1) of 65232
 
JW, You seem very certain in your outlook.

I just wonder what happens if one more hedger all of sudden decides to unwind a bit, could be an explosive move in gold.

Where did you get that 20%/25% of stocks owned by overseas investors? Just curious. That is a large number. I thought they held mostly US bonds. Under that scenario, you could be right but I do think one way to reduce currency risk is still to go into large cap multinationals...and of course LOAD UP ON GOLD!
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