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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 423.33-0.6%Jan 15 4:00 PM EST
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To: TobagoJack who wrote (31170)3/18/2008 2:25:23 AM
From: elmatador  Read Replies (1) of 219403
 
TJ, problem is constrained to the US. Exacerbated by implosion-avoidance measures of the FED. When it struck first time, August 1972, Nixon stopped buying Gold at that fixed price Bretton Woods wnmet belly up.

Why are no one is supriosed that the system has run for the past 36 years on the inertia it had puzzles me. Actually not so much when we thing aboput the capital flights and bubbles that happened every since.

But no one would expect that 36 years' effects will vanish in 36 months.
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