Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: No Mo Mo who wrote (91138)	11/3/2009 3:26:11 PM
From: Real Man	2 Recommendations Read Replies (2) of 94695

Others are saying if gold goes above 1100, it will go beyond da moon. I don't know what is so important about 1100. I see neither the cellar nor da moon, just 1300. They say 1100 is 50% of inflation adjusted 1980 high. Geez, and who says inflation is right, especially when all these minor BLS errors and omissions accumulate exponentially over decades? Gold is and has always been itself the measure of monetary madness, everything else being approximations. All I know is that the tripling of the monetary base by the Fed was not properly accounted by gold. -g-

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