Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: orkrious who wrote (41078)	11/14/2005 12:30:00 PM
From: regli	Read Replies (3) of 116555

Look at his take here. He is quite worried about a future with Ben Bernanke: gloomboomdoom.com "Depending on the quantity of money that the Fed will print, equities will in the long term rally, but as will be the case for home prices, decline in real terms. So, should the forecasters be right, who in 1999 predicted the Dow to rise to 36,000, 40,000 or 100,000 it is almost certain that the Dow will decline against gold. So, if we were to assume that the Dow will rise to say 36,000 thanks to the money printing press, we could also expect the gold price to rise to $ 3,600 or even higher."

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