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Pastimes : The Philosophical Porch

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To: Rarebird who wrote (4994)11/24/2009 4:02:09 PM
From: Claude Cormier  Read Replies (1) of 26251
 
Indeed.

I read Saville regularly. Always has a very interesting opinion on the markets.

FWIW, he is bullish in all time frames on gold. He is bullish in the short and intermediate term on the USD index (I think midly bullish) while neutral long term. In other words longer term, he put more or less all currencies in same basket. And they will all go down against gold.

I share this opinion, but I am just a bit more bullish on gold and a bit more bearish on the USD long term.

Time will tell how things will unfold.
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