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Pastimes : True Confessions -- Admit it -- you bought that stock

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To: yard_man who wrote (740)	3/13/2008 11:31:23 AM
From: Real Man	Read Replies (2) of 990

Right, but it depends how many are counting on it -ggg- I suspect USD is in the crisis phase - it is going quite a bit lower, but that should put an end to this bear market wave from 2002 highs, as the Asian and oil exporter currencies crash up and US current account deficit starts to seriously reverse. Perhaps, this Summer or Fall, maybe even next year. At some point expect the World to lower and the Fed to raise, that should be the end of this gold bull, and it should return to interim bear market (9-year cycle). It is quite a bit late in that, might I add. So, is Jimmy S. right suggesting 1600? I sure hope so. Yet too early to exit the gold market, IMHO. It's likely not the end of the secular move, but DOW/gold ratio is already in the middle of long term range, close to 10. Where is the bottom? Good question. -g- We may see a gold bubble yet. -g-

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