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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Casaubon who wrote (67679)1/25/2001 10:21:15 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
hey dood, they said the reverse of that in the very early 80's, gold was something useful, while equities were useless -g-

and it took till the mid 90's for most everybody to wake up and believe that equities were something useful, and gold to be useless -g-



To: Casaubon who wrote (67679)1/25/2001 11:16:39 PM
From: Square_Dealings  Read Replies (1) | Respond to of 99985
 
"Gold just just keeps the diggers busy."

It keeps the Central Banks and dealers busy selling it off and selling short to raise money to dump into stocks/bonds. Gold has become a source of cheap money for banks, but theres a problem when Greenspans credit bubble gets burst, its all got to be repaid. Several years of production short in gold bullion according to some reports.

M.


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