Hello Ron, <<The dollars ... severely oversold, as are most US markets>>
For 2003, I am betting you are wrong, or rather, I am wagering you are once again not correct:0) Subject 53084
<<But it appears we're headed for a nice rally into February>> … is predictable and in fact, was Message 18278958 , but samo samo for the rally's end;0)
<<... bloodless victory in Iraq as pressure mounts amongst Arab states for Hussein to step down and seek exile>>
… this state of affairs, if it happens, would indeed be bullish, for investors wanting to buy more gold. Should this state materialize, gold will tank, and then rise once more, phoenix like, because Saddam had nothing to do with the bubble, its demise, the market clearing and toxic purging process, or, as a matter of fact, much of anything else. Let us not mistaken the solution to seemingly intractable problems with the second helping of the Goldilocks’ economic porridge.
This state of affairs would be very bearish for Asian markets, particularly Japan and Korea, because the next fight to be picked would be N.Korea.
So, let us watch and maybe we get to see.
Chugs, Jay |
