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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Alex MG who wrote (16730)3/29/2003 10:45:02 PM
From: Square_Dealings  Respond to of 19219
 
<Doesn't it stands to reason that with the dollar 9% lower than it was last September 24 that gold would be substantially higher than it was last September 24? What has happened to hold gold back? You tell me.>

I think it means that deflation is taking hold. I think the Fed's effort to inflate the debt bubble will fail and deflation will win out. Maybe gold wont do so well in a super deflationary cycle.

M


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