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

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To: patron_anejo_por_favor who wrote (85977)	9/6/2007 6:43:42 PM
From: ItsAllCyclical	Read Replies (2) of 110194

Gold had been running well ahead of jobs number and Fed meeting. If they don't cut gold will get hit and the ST it may look like a rout in the shares, but gold knows that even if they don't cut in Sept they'll be forced to cut eventually. They can't keep this BS up much longer before the numbers get truly ugly. JMHO of course. I'm actually somewhat surprised gold has run this far ahead of the jobs number given that some of the other data of late still shows things ok in general economy (even though it's lagging for the most part). As such I tend to believe this is finally the real thing. Going to be very interesting the next few days either way. If gold consolidates above 700 for several sessions ahead of Fed meeting and Fed does indeed cut then 800+ this year is extremely doable. Projections are fun, but taking it a day at a time either way.

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