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

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To: orkrious who wrote (79647)3/21/2007 6:44:36 PM
From: basho  Read Replies (1) of 110194
 
Orkrious, sorry for long delay, I didn't see your post before now. Thanks for the chart.

No argument at all in general terms. As I noted in an earlier post, lows in this ratio tend to coincide with great buy points anyway. If we do get a really good run in coming months, I think there will be a large and sharp pullback at some point when the general economic situation is recognised as turning down. My guess is at that point gold will take a hit along with all the other markets that have been running on liquidity before finally decoupling and heading into its true bull run.
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