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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (7022)6/7/2006 5:37:12 AM
From: TobagoJack  Read Replies (3) | Respond to of 217656
 
<<I will guess the odds are with them>>

I think this is where we differ. I think THEY will fail, simply because THEY think THEY have a plan.

They will fix their error, after the accident, by doing what only they can do, provide liquidity in fiat quantities per historical script, just like every other times.



To: energyplay who wrote (7022)6/7/2006 5:51:46 AM
From: THE ANT  Read Replies (1) | Respond to of 217656
 
I think the central banks want to stop rising prices but do not want to get rid of past inflation.In dollars that means they don't want to reset gold to a much lower price.As such they just want housing prices to stop rising or go down very little so this may not be a long process.The dollar must still fall 50-100% against the developing world economies so either gold must go up in dollars or down vs those currencies.This should be interesting