Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: mishedlo who wrote (42925)	12/16/2005 4:30:38 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 116555

Could not be more wrong on gold IMHO. Note that HUI and XAU are starting to surge again even as POG remains flat. Shares leading POG is how most gold bulls work..

To: mishedlo who wrote (42925)	12/16/2005 6:20:00 PM
From: benwood	Respond to of 116555

I'm no economic wiz kid, but my dog even knows that a person who says something like this: "Inflation and rising interest rates will still be with us for another 15 months, in response to this gold spike" is missing a link. A transitory (theoretically) 10-15% spike in gold bullion as a cause of general retail inflation? Salesman: Sorry sir, that carpet costs $10 a square yard more now -- didn't you hear about the gold spike? Me: You mean the golden spike, right, the one that completed the transcontinental railroad? Salesman: No, silly, the price of gold bullion! It spiked by 15 percent a year ago. Me: Oh yeah, I remember. This carpet isn't gold though, it's green, just like color of the the 1.5 trillion dollars printed up each year to sustain our twin deficits Salesman: You just don't get the complex interactions of the world, and how gold bullion hoarding drove up the price of carpet. Cold cereal, too, and not just Golden Nuggets, either. Me: Zzzzzzzz