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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (14410)6/18/2005 11:24:11 AM
From: tyc:>  Read Replies (2) | Respond to of 18308
 
>>Markets are cyclical

I'm not sure I understand your point. We were talking about currencies. I suggested that there is nothing "cyclical" about the fall in value of currencies; the fall in value of currencies (i.e rising prices) is "situation normal".

Historically the price of gold has risen from a "controlled" price of $35 per ounce. It will continue to rise as the value of currencies declines. But will it increase more than other asset classes ?

Let me append my favourite chart showing relative strength of gold and the S&P 500 over the past few years. It illustrates the cyclicality you speak about. Currently gold does appear to be in a phase of outperforming stocks. Is that your meaning ?

stockcharts.com[w,a]dallnnay[de][pb50!d50,2!i!f]&pref=G



To: Bearcatbob who wrote (14410)6/18/2005 1:50:05 PM
From: loantech  Read Replies (2) | Respond to of 18308
 
Markets are cyclical. I think it is time for a solid up market in gold. >>>
You speak my language oh wise one!! Your philosophy mirrors that of the big shoe salesman in the midwest. He posts on his thread on SI. Can't remember his name but he sees gold going to the moon in a worldwide commodities boom along with greater prosperity. He posted here once I think. Don Wolchuck? Are you really him Bob? <g> Guy got timer of the year or decade etc.
Tom