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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: 8bits who wrote (42594)12/11/2005 11:44:09 PM
From: Taikun  Respond to of 116555
 
Many thanks for that compilation!I had read two of those, but you filled in the missing pieces. The problem I see is that van Eeden applies rational analysis to an investment target (gold) which can and likely will be anything but rational. He admits himself that irrationality caused the spike in the 1980s.

In that scenario $800 would appear a far too rational price.