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Strategies & Market Trends : Ride the Tiger with CD

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To: Claude Cormier who wrote (90800)9/6/2007 2:49:35 PM
From: Canuck Dave  Read Replies (1) of 312987
 
Well, that's the million dollar question, isn't it?

Gold will go up, but will things associated with it follow? Best answer I've seen to that is an article on Kitco a few weeks ago to watch what the Fed does, not what it says.

If the liquidity spigots open, buy anything. Liquidity spigots not open, keep cash. Until we get an idea which side of the mouth Bernanke is speaking from, play it cautious.

Sounds like a plan. Lots of caution on the tape right now, but that could ultimately be bullish.

Who knows? We're making this stuff up as we go. That's part of the fun. Market's new every day.

CD
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