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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TWICK who wrote (37911)9/6/2003 4:14:03 AM
From: maceng2  Respond to of 74559
 
or figure it out

people are looking at the real data on employment etc?

goldmoney.com



To: TWICK who wrote (37911)9/6/2003 4:24:24 AM
From: Seeker of Truth  Read Replies (1) | Respond to of 74559
 
You are talking about a fall in the U.S. dollar, relative to gold. Well, would you lend money now to the U.S. government? If not, why not? That's your answer.



To: TWICK who wrote (37911)9/6/2003 5:50:42 AM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
TWICK, <<Why has the price of gold risen so much ...?>>
The question can also be asked so, 'Why has the price of gold risen so little?'

For GUDD-ness sake (GUDD = Gold Up Dollar Down), gold price action probably so due to twin deficits (trade, fiscal) and concern about high real cost of perpetual planet-wide intervention under effects of delusion and fantasy cloaked in blinding media chant in an environment of falling employment and deficient capital spending even as the consumer balance sheet is about to be tapped out. I suspect.

Plus, folks are beginning to see that FED is simply moping in the dark like rats in a rucksack, unable to see bubbles, and unable to erect genuine sustainable economic growth, doing more harm than good in the process of infantile corrective action, cutting rates, destroying money, as the politicians fawn over the great Maestro even though his magic is long impotent.

Either so, or gold price is a bubble.

Chugs, Jay



To: TWICK who wrote (37911)9/6/2003 8:23:44 AM
From: ig  Respond to of 74559
 
"Why has the price of gold risen so much these past few weeks, months during this recent bull run ?"

Anticipating a return to debt-busting inflation, I thought.

ig