The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: yard_man who wrote (10026)	8/9/2008 5:50:51 AM
From: Real Man	Read Replies (1) of 71454

Yeah, we made a trip to 800 first, as most of us expected in February. It is VERY SCARY now, lots of naysayers came out. XAU and HUI crashed, as these are hedging vehicles for hedge funds long physical. The wheel of time is turning now for Gold positive cycle August through February. I'm buying with both hands, but ... <g> 5K? Let's not get exuberant. If the policies continue, gold could go even higher. The PPT is blowing smoke again and manipulating markets instead of tough real solutions. I do expect POG to trade comfortably above 1K in this yearly cycle. How about 1200, for starters? PS Our POS is not doing good. Did you give up on it yet?

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