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


To: ild who wrote (49803)1/15/2006 11:38:51 PM
From: NOW  Respond to of 110194
 



To: ild who wrote (49803)1/16/2006 3:26:28 PM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 110194
 
in the latest Barron's Roundtable, Marc Faber proves once again that the gold bull's worst enemy is his own mouth:

It will take a few years until gold is $200,000 an ounce....

really? a whole "few years"? what a measured and reasonable assessment!

Faber: Will yields be closer to 7% or 70%?

Gross: You are in Never Never Land when you talk about 70%.

thank you, Bill Gross. i was having trouble placing Faber's accent.

is it possible to get kicked out of the Roundtable (other than by dying or becoming physically incapacitated)? Faber may be trying to find out.



To: ild who wrote (49803)1/16/2006 11:16:29 PM
From: orkrious  Respond to of 110194
 
Very interesting Hussman

hussmanfunds.com



To: ild who wrote (49803)1/17/2006 12:04:42 AM
From: Richard D  Read Replies (1) | Respond to of 110194
 
Nice article.

Here's an important piece of the puzzle written by Marty Feldstein, Harvard Economist, and all around sober company man (considered for Fed Chairman.):

delong.typepad.com

The article appeared in the Financial Times a week or so ago. He is definitely a dollar bear, as are nearly all the folks on that round table. The best and brightest have basically given up on the dollar. Gold is the inverse play, so it's time to hop aboard. Those round table folks are too embarrassed to mention gold miners, he, he.