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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (71401)11/30/2009 9:23:44 PM
From: Snowshoe  Read Replies (1) of 74559
 
TJ is talking about gold hitting $6K/ounce, but I'm not so sure. The huge gold spike and collapse around 1980 is still fresh in the collective memory, so maybe we only get to $2K before folks start to dump it. As I posted the other day, Indians are wising up and cutting back on gold purchases...

Flashy Indian brides struggle with high gold prices
Message 26131353

P.S. Here's an interesting new use for Capstone turbines, as a backup power generators in hybrid autos...

Hybrid Electric Supercar With Microturbine Technology to Debut at LA Auto Show
Message 26137253
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