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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (26001)1/18/2003 9:45:39 PM
From: jimsioi  Respond to of 36161
 
George, re "Felix on Gold"

Thanks for posting that interview. I like reading what those who have been right have to say...Mr. Zulauf has that type of track record. Regards the cycles of time, I think with communications having been so greatly enhanced and the fact that news travels so much faster than it did in precious periods that a completed Gold cycle (return to 1-3 ration of Dow to Gold) will be quicker than the 10 years out he projects....Maybe 7-8 years...

Additionally, and fortunately, I'm sure nobody will be remember such as to remind me I was wrong, but at the crest of the cycle I rather suspect that the ratio won't get less than 10 to one... $1000 Gold - $10,000 Dow. Reason: some real value was created in the stocks that make up the DOW in the last 20 years....some real enterprise value exists in it members, and inflation will inflate earning is dollar terms.

We'll see...guesses and more guesses...all for general amusement....I want to know where to put my stops...

Again, thanks for posting the interview

jims101