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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 416.74+1.2%Dec 26 4:00 PM EST

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To: TobagoJack who wrote (29721)2/21/2008 11:49:49 PM
From: Maurice Winn  Read Replies (1) of 218788
 
With financial fluctuations continuing apace, it's not surprising that gold is heading towards $1000. $2000 was my figure from a few years ago as the top. In the absence of a seriously large scale US$ implosion and Zimbabwe style dilution, I doubt that we'll get past $2000. $10,000 will mean seriously large scale financial carnage, possibly of biblical proportions.

There is plenty of scope for such ruination, leading to carnage.

Rome was once a splendid empire but has long gone. China was once able to build dirty great walls right across the country.

It's interesting that you have stood on the Roman ruins as last man standing and I have strode unimpeded [but for the ubiquitous toll collectors] along the China ruins. Both great and glorious regimes suffered biblical scale ruination.

I noticed a couple of decades ago that companies in dire straits would have a last fling of expenditure to try to save the day. It was almost the case that if I saw a big expansion, the writing was on the wall.

... ooops, grandchildren/daughter arrived so rant curtailed...

Mqurice
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