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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (52064)5/25/2002 11:37:39 AM
From: mt_mike  Read Replies (2) of 65232
 
JW, you might be right. If everyone expects a pullback we aint gonna get one.
Also, I do not think people really understand the reason for the move in gold. Big mouth Cramer and others think gold only goes up because of world tension and the threat of nuclear war. They have no clue (or at least will not admit) the other reasons include massive increase in money supply, impending debt implosion and the resulting deflation. Why do so few talk about those factors.
I have news for people, Gold will go up if India and Packistan settle down. Actually, India will probably consume more gold in a non-hostile situation.
I guess when everyone gets the reasons for the increase I will sell.
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