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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Taikun who wrote (30697)4/15/2005 3:15:15 PM
From: Claude Cormier  Read Replies (1) of 110194
 
You have a good point. I don't know. Some suggest that gold is being managed right now. Maybe, maybe not. Possibly there is still too much hopes that all will go fine and the US will go through its current problems. Therefore, people are just starting to move towards gold.

There is only one thing I am convinced off and it is that fiat papers moves towards zero over the very long term and that the current set up for the US and some other countries suggest that currencies as a group are only at the beginning of major re-adjustment.
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