2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 378.35

+2.7%

4:00 PM EST

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To: TobagoJack who wrote (22941)	9/23/2007 12:52:48 PM
From: RJA_	Read Replies (1) of 217651

>>I think 72 on the dollar would be enough to push gold through a $1,000 as it would stimulate even more fear. I think gold is responding to fear right now and then speculation will climb on the back of fear and then off to the races as they feed on each other. --From here: Message 23906053 This is a good interview with Prechter (Eliot Wave Intl Letter): futurejacked.blogspot.com He is a deflationist, predicting debt collapse, Dow to 1000, all commodities down (including drops in gold and silver). In discussions with a friend, he had the following response: "I believe we do have waves of investment passion that move through the system based on human nature that are often greater then a human lifetime. So I believe he is right about that. The current crop of money people [meaning the Fed] don't want deflation [at any cost] and I think they will monetize because he is right about the amount of borrowing going down so much it numbs the mind. That leaves mind numbing monetization (world wide) as my expectation."

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