The Epic American Credit and Bond Bubble Laboratory Message Board

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

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To: bart13 who wrote (92466)	3/19/2008 12:29:35 AM
From: John Vosilla	Read Replies (5) of 110194

'Yes, as long as the down trend remains in place.' Seems gold did poorly during the recessions of the 1970's but interest rates were rising, the fed was tightening during those downturns. Wasn't 1975-1979 the period of the most incredible run of all as the yield curve was steepening? A bit different scenario today until after we get a recession due to inflationary pressures and rising rates.. I'm now out of gold and gold stocks and will be for a while expecting a major contratrend dollar rally here..

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