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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: maceng2 who wrote (42584)12/11/2005 5:35:01 PM
From: TobagoJack  Read Replies (1) of 116555
 
850? why so conservative?

i guess they figure the whole world will not rush toward financial salvation in onslaught fashion

i suppose they reck that should gold hit 850, it would become less valuable

they are misunderstanding gold if they think gold has a 'natural' price

fear focuses the minds, and fear boosts gold price, and as gold price rises, fear will be enhanced ... positive feedback loop ... oscillation, amplification, toward collapse frequency, ends in financial reset, at least in all times past
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