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


To: GST who wrote (46871)12/9/2005 10:12:33 AM
From: russwinter  Read Replies (2) | Respond to of 110194
 
I understand your point, but I am having hard time with what is driving gold and everything else here and now, and that's even greater and more crowded bets on EZ money. We may very well be in the midst of a hyper-liquidity inflationary Crack Up Boom, it all has that feel to it, but even if so, this environment is extremely high risk.

Good discussion of this at WSE this AM:

wallstreetexaminer.com



To: GST who wrote (46871)12/9/2005 10:33:49 AM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
Any guess how high gold should be to keep up with the increase in home prices in California or increase in dollars in circulation since 1980? 4k perhaps?



To: GST who wrote (46871)12/9/2005 10:41:35 AM
From: Crimson Ghost  Read Replies (2) | Respond to of 110194
 
Gold would have to rally well above $1000 to come close to catching up with the various bubbles extant today.

The only investment asset where upside potential is far greater than downside risk IMHO.