The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Giordano Bruno who wrote (7471)	5/19/2008 6:06:56 AM
From: Real Man	Read Replies (3) of 71475

Yo, deflationists come out in force, you sell your gold, and then you miss the train... Happens all the time. Gold is one scary metal. The gold dip could be over soon, but you never know, of course. It will linger and cast doubt at 920-ish, then 960-ish and 1020-ish. PM shares trade almost like gold options without expiration date. They are still lagging the metal, as gold gets suppressed against the energy to produce it. Bullish for the metal, bearish for shares (has been, the future is NOT a mirror image of the past, and I think it should change) 30 day chg -7.90 -0.86% quotes.ino.com 1 year change: +247.80 +37.51% Funny how nobody wants returns of this kind? Must be a bubble. Gold is more of a predictor of a global competitive rush to zero currency than the dollar demise. It's not done to the upside. This is a secular move much higher, with gold bubble profits still in the future... Corrections in the gold market are always extremely painful.

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