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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%Nov 21 4:00 PM EST

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To: TobagoJack who wrote (66649)9/30/2010 7:46:01 PM
From: Hawkmoon2 Recommendations  Read Replies (1) of 217974
 
Is that what you learned today?

Maybe you should learn something from this while you're at it:

While this week’s China property tightening measures may not kill the market, they are hardly bullish.

Property tightening? Hell.. just knock 'em down, even if they aren't finished or not yet inhabited:

zerohedge.com

Now.. how many people in China lack adequate housing again?

This is China's version of "quantitative easing".. Since what, 50% of China's GDP is construction based, right?

businessweek.com

Building them up.. knocking them down.. building them up.. knocking them down..

And they call it GDP, oh!!

As for "greed and fear", I've played both sides of the equation and right now I'm more on the fear side.

And fear is deflationary.. which is not a good reason to be holding gold. Until they fix the demand side of the economic equation, I'm not sure QE is going to be of much assistance..

That is, unless the Fed is attempting to give banks no choice but to lend again. And that's a very dangerous game.

Hawk
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