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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: SOROS who wrote (23535)12/18/2004 6:51:36 AM
From: Crimson Ghost  Read Replies (1) of 110194
 
There is one negative for gold and gold stocks that nobody seem to mention. To wit -- even though interest rates remain absurdly low in the US -- the interest rate gap with Europe has been greatly reduced and has widened re: Japan.

I am as bullish as anybody on gold longer term. But there was a huge correction during the big 1970s gold bull, and I suspect we are on the verge of a significant shakeout now .
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