To: loantech who wrote (14419 ) 6/18/2005 9:41:58 PM From: jimsioi Read Replies (3) | Respond to of 18308 Gold to the moon with world wide prosperity?? I love original thought. Most suggest that Gold will only rise if the dollar falls and generalized economic havoc is wrought. I could see continued world wide prosperity...a lower dollar does help balance sheets outside the US. The commodity boom could be furthered if the Chinese revalue, making commodities less expense for them...more bang for the yuan, so to speak... But gosh....higher gold prices, world wide prosperity, commodity bull to run...What's the FED going to think about that....5% Fed Funds to temper the dollar decline, and an inverted yield curve to scare people into thinking there's going to be a recession??? I hope it comes to pass, world prosperity and higher commodity and gold prices, but seemingly such would require a reversal of the FED's current tightening direction which keeps the dollar up, a cap on Gold, and some temperance on speculation...More likely the higher oil price begets an economic slow down that brings commodities down....Gold later rallies as the Fed moves to a more accomodative stance.....my two cents... CRX (commodity stock index) up to overhead at 437 with daily indicators in overbought condition...Expecting a pause and awaiting opportunities when it pulls back to 425 or so..stockcharts.com [h,a]dacayyay[dd][pc50!f][vc60][ilb14!ll14][j50206157,y]&listNum=1 Gold appears to be breaking out of its large triangle. Weakness early next week ought to provide a lower risk addition point of your favorite miners....Mine: GG NG WTZ AUY and of course, the big boy, IVANHOE. stockcharts.com [h,a]dacaynay[dd][pc50!c100!f][ill14!lp14,3,3!le12,26,9!lb14!lm12!lya7,14,28!ld20][j34115776,y]&listNum=1