To: mishedlo who wrote (270578 ) 12/12/2003 6:15:46 PM From: patron_anejo_por_favor Respond to Soundbite of the Day goes to none other than the Mogambo Guru (from DailyReckoning.com) :dailyreckoning.com Doug Casey, editor of the newsletter International Speculator, writes about the stock market, and he thinks, "What we've seen for the last year is nothing more than a cyclical bounce upwards, a classic 'sucker rally,' similar to what happened in 1930. Stocks are selling for outrageous prices. So I recommend you take the money and run. But run where? I think the precious metals are the only place to be. But I've said for years that, this cycle, gold isn't just going to go through the roof. It's going to the moon."But this one will be the biggest of them all, because not only will gold (and commodities, in general) be running, but the public - trained by the 1983-2000 bull market - all have brokerage accounts, and will be looking for the next hot sector. And the gold-resource story will tell exceedingly well. What's coming up is going to be a mania for the record books. And I personally expect it to be the wildest bull market, of any sort, I've ever seen."
