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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: jjames69 who wrote (45789)10/11/2001 12:14:06 PM
From: longdong_63  Read Replies (1) | Respond to of 100058
 
Louis...good Thursday bad Monday or what?? LOL!!



To: jjames69 who wrote (45789)10/11/2001 12:15:49 PM
From: stan_hughes  Respond to of 100058
 
jjames - Gold to me looks like a case of being right but at the wrong time.

With all this money being issued faster than the Fed can unroll the banknote stock to print it on, the US$ is being set up for debasement for years to come. But the other current reality is that in the meantime, the central banks of the world have a pretty good lock on the sell side and they aren't going to let go anytime soon IMO.

With a little bit of buy the dips and a big lot of patience, gold will live up to people's long term expectations. Having said that however, it's the object of market rigging activity just as much as the equity markets seem to be right now, so be careful.