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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (1522)7/5/2002 2:54:49 PM
From: Sully-  Read Replies (1) | Respond to of 89467
 
You callin' me phat??

OOF :-
Agree, no capitulation in equities........... yet.

For gold though, is it possible that certain events that bring about capitulation in equities might bring new life to the yellow dog without any capitulation........ I.E., this is just a correction in AU to shake out weak hands prior to the next leg up?

Me thinks that we could see a run from equities into the yellow dog when equity capitulation happens....... particularly if terrorism fears & pending conflict with Iraq loom large.

BWTHDIK?

Ö¿Ö



To: Jim Willie CB who wrote (1522)7/5/2002 6:38:21 PM
From: SGJ  Read Replies (3) | Respond to of 89467
 
<<<<the gold capitulation will be the BUY SIGNAL
we must have claims that inflation is still dead
we must have a CPI number with a leading 0% handle
we must have ridicule in the press of precious metals
we must have at least one more bankruptcy, which ensures more liquidation deflationary pressure
we must have some new USdollar trading range
we must have claims that the Federal Reserve has prevailed over mere mortals once again in establishing stability to our economy and financial markets>>>

where have you been the last 20 years?
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