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Politics : Welcome to Slider's Dugout
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To: wsw1 who wrote (3103)10/29/2006 6:44:52 AM
From: c.hinton  Read Replies (1) of 50722
 
re "HOWEVER, he is dead wrong about his fundamental outlook on the precious metals sector..."
But.......those that ignored the warning are the poorer for it.and that is the bottom line.
What ever sliders long term outlook on PM is....is neither here nor there. The fact is gold has been weak and will probably remain weak until there is a clearer picture on which way rates are heading.
Personally i dont believe central banks can run ,even the slightest risk, of "appearing" weak on inflation......numerous CB publications clearly state that.

Look around the world...how many CBs are talking about the need for further hikes as opposed to reductions?
"Dont fight the fed" JMHO
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