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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Beachside Bill who wrote (4855)4/27/2006 10:07:58 AM
From: TheSlowLane  Read Replies (1) | Respond to of 48092
 
Bill,
I've got to tell you, I try to keep an open mind as I must always acknowledge the possibility that my analysis is incorrect. However, I am still not sure that I understand that I can connect the dots you have described in a way that leads to gold going under $400. That development would imply a greatly strengthened USD, which would imply renewed confidence which could only be inspired by credible and far-reaching fiscal reforms, the implementation of which seems politically impossible. As always, time and the market will tell...