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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%Nov 21 4:00 PM EST

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To: TobagoJack who wrote (58324)11/25/2009 3:44:24 PM
From: Haim R. Branisteanu  Read Replies (2) of 217960
 
now be ready for a "bubble" run in gold and may be may be will hit my target of $1600 and above as the US is driving the EU into recession by competitive devaluation. Today was a classic USD trashing.

Wonder if the G-20 will stand by and let the US to dump their troubles on every one else.

I would not be surprised that the FED will be forced against their will to raise rates from current levels at par with the EU at least

As to gold highly speculative IMHO and starting to be in "bubble" mode - as for me, not investing in this commodity

BTW the Russians signaled that they want crude oil around $100 so if their wish will be fulfilled then crude will triple in the span of a year from the range of $36-$37 last February
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