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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (31074)	10/2/2004 3:32:29 PM
From: loantech	Respond to of 39344

Great post Russ.

To: russwinter who wrote (31074)	10/2/2004 5:04:36 PM
From: jimsioi	Respond to of 39344

Russwinter, great post...eom

To: russwinter who wrote (31074)	10/3/2004 5:22:23 AM
From: jrhana	Read Replies (1) \| Respond to of 39344

<They will try and stem serious short term damage (as this is a dangerous, difficult gambit endangering the credit and housing mania/bubble) to the bond market, by using this smokescreen to engage in serious debt monetization and monetary injections. There are signs in the last two weeks that they are back at that game (after a pause) : $1.5195 billion a week. The problem is that they are also running to the end of the line on Asian money printing. Japan's inflation is breaking out,> Certainly we could have a correction here, but the above maneuvers are I believe generally supportive to gold (and weakening for USD). I am sure they are desperate to prop up the stock and real estate markets. They also want to keep a lid on energy. Most of what they do in this regard may actually be helpful to gold. USD goal-avoid a major collapse. To me gold is of somewhat lesser MOP importance. They do not want to see $50/day rises because that would create a lot of attention. They also do not want to gold to tank because that we indicate that their war against deflation is being lost. So who knows? Hang on until the election? Take some profits?