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


To: TobagoJack who wrote (10437)10/23/2006 3:06:30 AM
From: energyplay  Read Replies (1) | Respond to of 218002
 
So who predicted China's GDP would DOUBLE seven years after joining the WTO ?

I expected many thought it would be 50% higher. 100% is an exceptional achievement.

**************

The predict the future game has 3 dimmensions :

What (say, price of gold goes up)

How much (doubles from about $300 to about $600) and

When (1995 ? 1998 ? 2002 ?)

Notice the biggest problem is waiting for the water the pot to boil.

Sometimes we get a gift, like Gordon Brown selling the UK's gold, pushing the price down under $280, where we will get revert to mean on our side.

Much of the time we might be like Jim Grant and the other Gold Bugs, just waiting, and waiting, and waiting....since the late 1980s or longer on gold.