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Gold/Mining/Energy : GLAMIS GOLD - GLG

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To: Cage Rattler who wrote (418)1/21/2005 12:29:47 PM
From: Peter Dierks  Read Replies (1) of 459
 
I am not convinced that the predicted deep recession has been forestalled either. When one uses large waves to predict small movements, the accuracy tends to be low. Demographics is a large wave. You may be more right than we would like to admit about the dead cat bounce in the economy. I didn't mean to say that the economy was booming, did it appear that I had?

The trade imbalance is a problem, and I keep reading seemingly important and bright people saying that things are different this time. Thanks for the note, because it catalyzed me the reevaluate several things. I saw a graph yesterday showing a high percentage of money invested, and the link below today. Dow is down in January for the first time since 1977.

(found on another gold thread)
mineweb.net

The underlying question is how to deal with all this and survive on the personal investment level. Gold is one strategy.
What investment is best poised to benefit from a falling US stock market and a falling US dollar? As snowballs roll down hill they tend to get rather large.
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