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


To: patron_anejo_por_favor who wrote (26832)1/27/2003 6:37:37 PM
From: yard_man  Read Replies (2) | Respond to of 36161
 
the question for me is not: is there a war premium in gold, but rather is there a war premium in the USD. I'm not kidding ... what happens to the USD if things aren't squeaky clean in the operation ...

I'd go further than BSG -- the media serves up what they are told to serve up. Most folks still hate gold as an investment -- it is like -- giving up -- capitulation.

You haven't even seen what marginal interest in gold as an investment can do. If gold corrects 20 or 30 dollars when the bombs are dropped will that be the premie after the fact?

Rationalizations all. Better off watching the tape.

But better than this is understanding the the 18-19% decline in the USD in only 1 year heralds a fundamental shift -- it is NOT some sort of correction.