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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Jdaasoc who wrote (47295)	4/4/2002 11:04:44 PM
From: Smart_Money	Respond to of 99280

First thing most of my HS buddys did was pawn the ring for the gold content. I still got mine :)

To: Jdaasoc who wrote (47295)	4/4/2002 11:06:41 PM
From: westpacific	Read Replies (1) \| Respond to of 99280

One more time - 1 ounce of gold equal to $41,000 of $1 in M3 terms (M3 being at 8T). Now for the last time, what do you people not get - gold has the potential to explode to the upside it will make your head spin. This is not about the Middle East - this is more the rich having fear of FIAT MONEY!!! If you have 50M or 100M, you have to hedge and gold is the answer when M3 has exploded beyond historic norms!!! Listen to Zeev and stay alert or the train may leave the station again without you!

To: Jdaasoc who wrote (47295)	4/4/2002 11:16:36 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 99280

John, I am not predicting $400, I am saying that if the US dollar drops by 20%, then gold could stabilize up to $360, with a temporary spike under $400/ounce. I see a worst case scenario where, if our balance of payments gets out of control to $40B/months, then the dollar will plunge and gold will rise (in terms of the dollar). Not something immediate, and probably not until late in the year and more probably late in 2003, if it happens. The second dip in the recession will keep a lid on our balance of payment deficit for the rest of the current year, IMTO. Zeev