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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: sea_urchin who wrote (22109)12/6/2004 9:26:05 PM
From: Jamey  Read Replies (1) | Respond to of 81177
 
What is the stock market? Is it only a huge gambling casino or do some people invest based on the current status of certain markets and the past history of how those markets performed?

It is crystal clear to me that gold has been in a sustained 42 month bull, therefore verifying it as being in a "secular bull." Having ascertained that, since it is occurring in the $USD, we may now go on to look at what happened in previous secular markets, no matter what sector it may be happening in. This parabola does happen as attested to in previous markets. One is occurring right now in the housing market where housing increased 50% in certain areas of the country in one year. The last one happened in the Tech market where people were buying at crazy P/E's. I can assure you we will see the bubble form and materialize in all commodities with gold and silver leading the pack during this generation. They are a screaming buy right now but people don't let go of their beloved tech stocks easily, especially since gold was in a bear for many years.

You have stated bullish comments a few times lately for gold. Why are you once again turning bearish?

James