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


To: Jim McMannis who wrote (49797)1/15/2006 10:53:20 PM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
Gold price action should be one of the tools to get a better read on whether deflation or stagflation is our future. But of course way too many people think they already have the end game figured out<g>



To: Jim McMannis who wrote (49797)1/15/2006 10:54:25 PM
From: LLCF  Read Replies (1) | Respond to of 110194
 
<"Gold bugs", which I am not, tend to hold and will end up losing>

To be fair, those who have held for the past 5 years haven't lost a nickle. I have traded a part of my position, and in fact used RussWinter and a couple other excellent sources here on SI to help in that regard, BUT have made large profits on the portion I"ve held as well. In fact some of the stocks never really did correct at various predicted times and could never really have been traded.

That said, I agree there is 'froth' currently.

DAK