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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 398.89+0.1%Dec 30 4:00 PM EST

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To: Cactus Jack who wrote (60902)2/9/2010 7:04:07 AM
From: TobagoJack  Read Replies (2) of 218860
 
just in in-tray

player 1: Just messing around on Bloomberg.
I note that the all-time high of Gold relative to the S&P 500 is roughly 7.5 to 1.
S&P at 1,000 - gold at $7,500?
S&P at 800 - gold at $6,000?
S&P at 400 - gold at $3,000?
Or is Marc's view more accurate: S&P at 100,000 and Gold at $750,000? <g>
Just food for thought.

Eyeballing a few things leads me to believe that gold trades down in the next few weeks (early March?) to the 1030 - 1040 level, at which point we begin to move higher again, never to look back.

Get ready to fill your boots.....(mine are pretty heavy already).

xyz

player 2: I would tend to agree with xyz's projections.

MF
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