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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (54483)6/13/2006 12:22:09 AM
From: Proud Deplorable  Read Replies (1) | Respond to of 313075
 
"1968 to 1980 was 38 to 26 years ago. Most serious players of today are 50 years old or under and therefore do not have a experiential clue about what the future holds. The future is coming regardless of their ignorance. The geniuses from seers to experts are simply brats without credentials leading a herd of lemmings off a cliff of ignorance. Stay focused if you are not on margin. If you are on margin then shame on you.

It is all in the dollar. I wish I had some profound thing to say to you, but I have been here and seen this so many times in my gold career that all the tomes are simply redundant.

Last week, I posted the history of interest rates, inflation, the dollar and gold from 1968 to 1980. All this is a replay of that.

Of course interest rates are going up. Of course the dollar is going down. Gold is going to and probably through $1650 as inflation rises and business slows."

Guess who ;-)