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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (87526)5/27/2009 6:41:47 AM
From: Real Man  Read Replies (2) of 94695
 
Inflation is not there yet. It takes time and price. I think
all this is real, but needs more time... and price. The media
is getting some bearish stuff out, while the surprises are
to the upside. Yo, and oil is going higher. It's just gold
that needs a shift from deflationary hedge back to inflationary
hedge. The bearish stuff for gold? Jewelry demand is absent.
Investment demand was driven by fear of systemic meltdown.
Folks tend to hoard gold when they fear that. -g-

Besides, John Paulson is long gold. He is sure of himself cause
he made his fortune on subprime melt. Guess what? You can almost
NEVER catch a Black Swan twice. Notice how Jim Rogers became
a fade - the pound bottomed earlier this year exactly on
the day he said UK is "finished". Paulson may be due for some
ass whipping -g-
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