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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (2161)	8/7/2006 12:41:10 AM
From: clinto eastwood	Respond to of 50181

Gold appears to be in the midst of an ABC price correction. Unhedged gold producing companies are also signaling an ABC correction. The C wave down which has commenced should see prices fall below the A wave bottom, which was $270.54. A probable target for the C Wave Bottom is $265, which should be reached around the end of August/September. Once the correction on HUI has been completed the price of gold should rise substantially above the 1980 high of $850.00. Once these C Waves have been completed the price rise, both for gold and gold shares, should be substantial.

To: SliderOnTheBlack who wrote (2161)	8/7/2006 1:41:00 AM
From: dumpyork49ers	Respond to of 50181

Slider, Thanks for the bones. Woof! :)

To: SliderOnTheBlack who wrote (2161)	8/7/2006 8:50:04 AM
From: loantech	Respond to of 50181

<Do NOT under-estimate either the determination, or the ability of Central Bankers to stop inflation...> Slider hopefully an easy question. My dad built our house in 1953 with a shed and chicken coop and on an acre for just under $5,000.00. Sure that was a long time ago. Worth $150,000-$175,000 now. I bought our house in 1991 for $80,000.00. It sold for $18,000.00 in 1970. Now I could sell the same house for about $250,000.00. My question is two fold: Is that inflation and do central banks really want to stop inflation? Thanks, Tom

To: SliderOnTheBlack who wrote (2161)	8/7/2006 10:41:34 AM
From: yoremopnhoj	Read Replies (2) \| Respond to of 50181

Everything Slider says is right, if the Fed stops printing money. They have yet to show they will IMHO. The amount of dollars floating around the world has fueled the commodity run up and if the Fed was to attack inflation everything gets hit and bonds and cash are kings. The problem they have is with government and consumer debt so high they must show a strong willingness to put the US in a painful recession and I do not believe they will do this. I have seen a lot of talk from the Feds around the world but the minute stock markets begin to decline the printing presses fire back up. Lets see if the Fed has the balls to raise tomorrow when the market is telling them not to.