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

To: SliderOnTheBlack who wrote (27941)	2/11/2003 10:28:45 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 36161

we are dumping gold at the bottom at the US Trez and buying up bonds at the top a declining dollar will be horrendous for US economy and financial markets trade gap is widening foreign economies are withering foreign holdings are repatriating world monetary standard is being badly shaken, soon stirred, later broken you seem to Slide Backwards in your understanding of the Vicious Circle behind the Dollar Decline you need fewer words and clearer comprehension of dynamics / jim

To: SliderOnTheBlack who wrote (27941)	2/11/2003 10:35:02 AM
From: longdong_63	Respond to of 36161

slider...I understand your points but think now is not the time to piss in the gold punchbowl yet. This party is just getting started. We just went through the largest bull market in history (1981-1999 although some accounts differ). Likewise, we will most likely go through the largest bear market in history as well. We have different economic conditions now versus other gold bull runs. The landscape is different. There WILL be more major corporate failures. There has to be in order to wring out the excesses and complete this nasty cycle. There IS a bubble in the bond market. There MIGHT be a bubble in real estate. There is still PE compression taking place in the equity markets. Seems like gold should rocket in these conditions. The fundamental picture and technicals look great...I'm in Sinclair's and Russell's camp for now.