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Non-Tech : Bill Wexler's Trading Cabana
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To: Bill Wexler who wrote (1574)12/4/2006 5:23:16 PM
From: Bill Wexler  Read Replies (1) of 6370
 
As Goldmember would say,

I love GOOOOOOOOOOLD!

Still in the early innings of the dollar swan dive.

Convenient way to play is to buy GLD (a gold ETF).
Trading at about 64 now. When you consider what gold did in
the last big runup during the dying days of disco...and then you adjust for inflation...and then you think about what will happen when the U.S. economic chickens come home to roost, it becomes clear we are headed to ther triple digits on this one. In fact, 200 a share may be a conservative estimate.
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