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Pastimes : The Philosophical Porch

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To: westpacific who wrote (5100)	12/4/2009 5:50:50 AM
From: Real Man	Read Replies (1) of 26251

No. Gold has gone parabolic now, but it will go much higher. It could even take off to 2K-3K in 2010. Even then, so far it's rather mildly parabolic for the gold market. If RSI goes to 90, the bull could be ruined for months. I expect 5-10K for POG, eventually, provided that the FEd does not completely blow up the currency. If they do, then both gold and stocks start adding zeroes. Geez, Westie. Gold reacts to printing first. It's not a bubble. Like these talking heads on CNBC who never knew about housing bubble before it blew up now know gold is a bubble, or know anything about gold.

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