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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: zoo york who wrote (17169)	10/25/2004 12:49:59 AM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 312315

Gold in various currencies... forget the basket... investorshub.com

To: zoo york who wrote (17169)	10/25/2004 8:33:14 PM
From: rubbersoul	Read Replies (1) \| Respond to of 312315

<I think the case for manipulation has never been stronger if the POG reverses tomorrow after the gains in overseas trading. > Well gold still can't break out more than $6 bucks a day. But a $6 dollar daily gain in the gold price for the next 10 years would suit me just fine ;o) <Gold is not just a monetary metal. It also represents an alternate asset allocation during times of crisis. One would expect that the spectre of rising inflation, higher oil prices, geopolitical tension, etc. would drive the POG higher than could be accounted for strictly relative to currency differentials.> You can include China and India's consumption of gold as added reasons. During an hour long informal debate/discussion at his booth, Van Eeden said that it would be reasons other than "currency differentials" that would put gold in a bull market and move the price beyond $750-$800. OT: Coach, you might have to ante up and upgrade your SI membership. This thread demands that you do! Just sacrifice one of your binges to Las Vegas.<VBG> Cheers, John