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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Real Man who wrote (392987)8/21/2009 9:04:15 PM
From: maceng21 Recommendation  Read Replies (1) of 436258
 
I have found a good correlation between silver, gold, the USD, and maritime economic related indices. Several other factors are worth looking at too, in particular oil.

It makes sense if you think about it.

As things grind to a halt, ready cash seems to be a problem getting a cargo moved.

If you think about the extremes it makes even more sense. (a) no world trade leads to subsistence farming and chaos. Gold would be of secondary importance in trade compared to the basics. (b) lots of trade means an abundance of wealth that would tend to place gold with a premium value.

Factor in some fiat currencies being printed in abundance to promote economic activity and trade and, well, it seems obvious to me what's going to happen to the POG.

Same story with silver.

The numbers clearly indicate the same trend, you could say it still might be fortuitous, I have not looked at decent time spans yet, but my bet is unless the BDI et al get off the floor, gold and silver are going nowhere.

I was going to post the numbers, but still in the process of getting the several permissions. The BDI are most particular about not publishing their data in any form whatsoever, but there are other indices that are maybe just as good.

and finally ummmm, oh yes! regarding trade... all that spoos and dow stuff is meaningless -g-
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