To The FIX: {currency problem and deflation will rule in 98.}
I caught most of that interview... And agree with what I heard. For about a month now, I've been fighting a battle on the ABX thread with many people who can't understand the connection between:
Currency > GOLD > Gold Stocks > Gold Stock Options
But I did buy ABX at $22.00 CDN and sold & shorted at $26.75
Message 2897088
Had I bought those options {DEC}, I would of made 1300-1700% {DOH!} Formula based on currencies, gold, and stock prices.
In a deflation state, GOLD will rise against currencies that deflate. SO the USA which has had the largest currency inflation, will start to deflate. First sign is trade balances, and we all know how far exports have fallen relative to imports. And you can fill in the rest.
Ultimately GOLD will run! {But NOT YET} Look for the US FED to start buying FORIEGN currencies, in a last vien attempt to stop this from happening... It won't work. As Soros suggest, deflation will rule 1998, but his timing may be off... GOLD will rule from MAY 1998.
So I've got my ears wide open. As you do!
Happy NEW YEAR, and long on gold from March, with a run in MAY, but still shorting ABX in the now!
Nice posting from Eagle, was that a repeat, cause I could of sworn I read it before? |
