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


To: T L Comiskey who wrote (1876)7/11/2002 4:25:33 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 89467
 
article: CORRECTING IN A BULL MARKET, by Aden Sisters

gold-eagle.com

an excerpt:
BULLISH FACTORS

Keep in mind, many don't believe this gold rise is for real and since it's really just beginning, there's lots of nervousness and disbelief, especially from Wall Street. That's actually better for us because, based on sentiment, it means this bull has further to go.

Plus, government spending is too high and debt is building fast. And with the Dollar now falling sharply and the Fed pumping the money supply, it all adds up to inflation. Commodity prices are starting to rise too, in part thanks to the weak Dollar. The CRB index is now clearly bullish and that's also very bullish for gold. It means prices in general are headed higher and we all know that gold rises with inflation.

At the same time, stocks are falling sharply and we're seeing the aftermath of the economic and stock euphoria of the 90s, the ongoing deflating bubble as well as terrorism concerns, which are also adding fuel to gold's bull market. In addition, the rise in gold and other tangible assets are telling us that the pendulum is starting to swing gold's way for the first time in 20 years. It's not casual by any means.


/ jim



To: T L Comiskey who wrote (1876)7/11/2002 9:50:48 PM
From: stockman_scott  Respond to of 89467
 
The Axis of Corporate Evil

hereinreality.com