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


To: Rolla Coasta who wrote (11345)11/9/2006 9:55:12 PM
From: TobagoJack  Read Replies (2) | Respond to of 217901
 
<<Gold ... is gonna be another bubble maniac. 2 years later, it will be game over.>>

yes, if you can term a bunch of folks trying desperately to save their money from flames a bubble; what are you going to do about the bubble that you KNOW will develop and only perish two years from now? buying? if not, why not? or do you not KNOW?

<< Mark my words... >>

OK.



To: Rolla Coasta who wrote (11345)11/9/2006 10:00:33 PM
From: energyplay  Read Replies (1) | Respond to of 217901
 
From John Succo at Minyanville.com -

About one year to go on his time line....

****************cut *****************************

Everyone today is talking about the comments coming out of China about what they may do with all those dollar reserves. Gold and Oil are up on that.

If you remember I made a comment almost one year ago. My firm calculated that it would take China about two years to amass enough gold that if the dollar dropped 50% they would come out whole with the corresponding jump in gold prices.

This would put them in a position to abandon their U.S. dollar policy (lending to the U.S. consumer to buy their stuff) if they perceive the U.S. slowing to the point where their exports would stagnate anyway.

Meanwhile China's economy has its own problems. Right now all central banks are holding hands and pumping this liquidity together.

When things start to go bad hands get slippery.



To: Rolla Coasta who wrote (11345)11/10/2006 9:12:43 AM
From: paul61  Respond to of 217901
 
I cannot see why they are making public disclosures about getting out of the US$ - seems like a "yell FIRE in a theatre sort of thing". I see China is using a lot of US$'s in Africa - good idea. However it seems like there will be a mad rush to the door on the US$ - kind of comical and sad - Japan trying to prop this wholw mess up!! At least (I think) when 1 Canada $ = 5 OR 10 us$'s - those bleeding CANROYS I have should really Shine?? Yahoo.... Paul