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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: orkrious who wrote (79658)3/4/2007 12:29:52 AM
From: pogohere  Read Replies (2) of 110194
 
A steepening yield curve is good for gold.

I'm in favor of the proposition and I am a fan of Bob Hoye, who has done his research and made great calls based on it. And I am familiar with the article you cited.

However . . . no where in that article could I find support for the proposition above, but instead a focus on what BH refers to as the "real" price of gold as defined by him and his associates.

Like I said, I'd like for it to be true. I'd appreciate it if you could show me where in that article BH is suggesting by implication or inference that A steepening yield curve is good for gold. I want it to be there, but I don't see it.

The danger here is contained in a quote from Charles Farrar Browne (http://www.penngrovechurchofchrist.org/Articles/092902_aintso.html) paraphrased by my father as follows: It ain't what you know that gets you, it's what you know that ain't so.
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