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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (24012)1/4/2005 9:53:28 AM
From: SOROS  Read Replies (3) | Respond to of 110194
 
russ,

You are a pleasure to read in the sea of gold bears. I just wish every time the general markets swooned a little, the analysts would begin to speak of an impending crash the way most of our "gold bugs" seem to do. It's amazing each time gold corrects, it is going to be "a major downturn," yet when the general markets drop, it is merely "profit taking" setting up for the next resumption of the "bull." Why does everyone keep forgetting that the general markets began an extended BEAR in 2000 following a 20 year bull run, and gold began a BULL in 2001 following a 20 year BEAR? Eventually, the right people will all be on board, and then we can wait until Krudlow and Crammer are telling sheeple to buy gold and commodities as our first clue to begin selling. Will be nice when gold is 90% held by investors and not traders.

I remain,

SOROS



To: russwinter who wrote (24012)1/4/2005 1:27:08 PM
From: Crimson Ghost  Respond to of 110194
 
The gold complex is holding well today despite a sharp rally in the buck. So went long in a small way.

But I doubt we will see much more than a modest bounce in the near future.