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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Real Man who wrote (10782)	4/9/2006 8:24:35 PM
From: Patrick Slevin	Read Replies (2) of 12411

I think you are too optimistic because you are discounting the effect of the Boomers moving into the over 55 year old group. That is to say, the big spenders are the 45 to 54 year olders. As the Boomers move towards 55 year old and up as a group, the consuming engine slows. The Spenders will be gone by 2012. Gold won't correct unless it goes much higher first. Today, the World believes in the Dollar. Rationally there is no reason to do so. This leaves us with the only true form of currency there has ever been, Precious Metals. As has been said here and on other threads; the Fed will print Dollars whenever they need to. Printing IOU's does not make them worth more. What it does do is make Gold worth more. Derivatives definitely will make the Crisis sharper. Will it end faster? I see no reason why that should be so.

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