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

To: regli who wrote (49708)4/16/2006 8:20:32 PM
From: TobagoJack  Read Replies (2) | Respond to of 116555
 
<<If everything were to fall, the financial system would collapse including all paper currencies ...>>

against what, if we are to believe that gold will also fall during a liquidity crunch?

after all, gold did have a 50% correction on its way to 850 back in the late 70s.

so, the question then becomes will gold correct 50% from the current 600 level or the 1,200 level, on its way to 3,600 :0)


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