2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 385.99

+1.6%

Nov 12 4:00 PM EST

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To: Cogito Ergo Sum who wrote (85205)	12/28/2011 10:00:58 PM
From: Maurice Winn	Read Replies (2) of 217739

$1100 is doable for gold, but that would imply a LOT more fun in the markets than is currently the case. More likely there will be some leveling off in the 1550 range for a while until the long term smoothed graph reconnects with the sooth line. One of the great things about the USA is that there is a lot of market clearing which is allowed without government intervention, though there is plenty of that too these days. But there has always been government interference with market clearing. It was so bad in the 1930s that the Great Depression was a catastrophe which pretty well led directly to World War II. There are TARP and Shovel Ready Projects and Stimulus Spending and $trillions being tossed down the gurgler in a misguided attempt to get the economy going as though it's an entity with a mind of its own rather than just the efforts of umpty million people around the world acting to improve things in the way they choose. But for the most part, it's market clearing as people try to fix up their situations in various ways. Mqurice

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