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Strategies & Market Trends : The coming US dollar crisis
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To: Wyätt Gwyön who wrote (25178)12/4/2009 9:15:47 AM
From: Real Man  Read Replies (2) of 71403
 
I'm expecting gold to correct violently, as it always does
after an extended bull run, then this opinion to be firmly
in place in the media. That's when I'll buy back more
levered part of my position. Gold is in a major 3-d leg of
its secular bull, during which it will catch up with prior
monetary expansion. 5-8K is the approximate top of
this multi-year run, unless the Fed blows up the dollar.
In the latter case both gold and DOW will start adding
zeroes. I have my doubts about the Fed blowing up the
dollar, but never discount the stupidity of the government.
It's always "exceeding expectations" -g-
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