MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.68

+0.7%

Nov 26 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tom Pulley who wrote (83432)	9/26/2002 10:24:24 AM
From: Casaubon	Read Replies (2) of 99985

Gold as an investment vehicle is now a recurring mindset. This will feed upon itself until it reaches crescendo, then crash again. I think it will be very gappy, followed by back and fill periods. What is amazing is the average Joe in Japan is just recently ramping up savings in gold instead of yen. I think this foreshadows a total lack of confidence in the Japanese rebound scenario. I know a lot of people were saying this is the kind of contrarianism which marks bottoms but I do not believe that Japan will be able to pull itself out of depression without big banking defaults, especially with the US economy heading south.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next