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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: loantech who wrote (7303)2/28/2006 9:23:57 PM
From: koan  Read Replies (2) of 78409
 
Tom, how could an end of the carry trade be bad for gold? The way it see it, it makes the yen stronger, dollar weaker, less support for bonds and freed up money for gold?

You know Tom, I think the turmoil in the world is going to trump everything. If we were in the mideast adjacent to Iraq, we would probably want to hedge as much of our wealth as we could with gold.

The Iraqie dollar could dissapear entirely. The conflagration in the middle east is sort of like the congo where social infrastructure has been completely destroyed.

How the sunnies and shias interface with Iran and syria is a big quesiton.
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