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Gold/Mining/Energy : A to Z Junior Mining Research Site
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To: 4figureau who wrote (3165)2/5/2003 11:54:12 AM
From: Jim Willie CB  Read Replies (4) of 5423
 
Prechter will toss in the golden towel by summertime
it will result in a considerable loss of his reputation
he seems caught in the previous trend, unable to discern the vast changes in the world financial landscape, where data is overwhelming in its indication of sharp change

that is ok
when he jumps onboard, that will begin a new gold upleg
and when the US investors jump onboard, that will bring mindboggling stock price appreciation

I quote Bill Gross of Pimco, who reiterates my point
"We will experience a somwhat vicious cycle of policy reversal instead o fthe virtuous circle of return decades, which led to higher profits and lower inflation. In the reversal's wake will come subdued profits, higher inflation, a lower dollar, and anemic financial returns."

Gross does not directly advocate gold investments, but it is implied
/ jim
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