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To: bobby beara who wrote (51510)4/15/2000 12:28:00 PM
From: The Barracudaâ„¢  Respond to of 116753
 
The world stoped being bearish on gold years ago. The markets don't even bother to trash gold anymore. No one is long the stuff.

Carmer on today's Street.com admitted that we are in an inflation. I've heard from guys like Crammer that if inflation came back he would short bonds (ba da boom ba da bing)

But what happens if there is an inflation and bonds neither rise nor fall? What if the t-bonds are being bought by the gov't

shorting or owning bonds would be the same as being flat and in cash

Gold anyone?



To: bobby beara who wrote (51510)4/17/2000 1:43:00 AM
From: Zardoz  Read Replies (2) | Respond to of 116753
 
so hutch, i guess you didn't believe me a couple of days ago, that we were in a whisper of a bottom in the xau

And I don't believe you now. Out of the frying pan and into the fire. Mirrors makes for a warm friendly gathering. But when remove the mirrors, you find yourself alone. Some could say that you've reached a loci point on a much larger downtrend. Others like yourself suggests it's a bull market in precious metals. Supply and demand are the equations, currencies are the margins, and inflation and growth are the motivators.

Wisdom dictates that beyond this point lies Dragons and Sea Monsters:

bigcharts.com

Hutch
PS: Love that MACD. Without GOLD, the XAU is dog. Without a devaluation of the US Dollar broad index, gold is dead. Without rampant inflation, and the Fed behind the yield curve, gold is dead. Without decreases in gold production, ______ is _____. The judgemental negatives are so much. This is not negativity for the sake of dissuasion, but I would not be a buyer in PM at this time. To much better out there.