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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Haim R. Branisteanu who wrote (71935)12/31/2009 7:14:25 PM
From: Maurice Winn1 Recommendation  Read Replies (4) of 74559
 
Gold beat QCOM [so that's one asset class]. It also beat US$ [another asset class].

My amazing, brilliant and prescient prediction for gold was right on the money, literally, at $1,100 per ounce 31 December 2009 predicted exactly one year ago.

NZ$ zoomed back up so that was one asset class against which gold didn't do very well, but that won't continue as NZ$ responds to financial relativity theory gravitational effects.

NZ government is borrowing $1 billion a month to maintain their wastrel spending ways. That's not much in USA terms, but it's big heap wampum down on the sheep farm.

Mqurice
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