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


To: CapitalistHogg™ who wrote (3707)11/17/2006 9:30:51 AM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 50458
 
unconventional wisdom (perhaps) is that underneath the rosy bls numbers the printing press has been running at full speed and w/o pause while signals appear to be showing the way to a less than stellar future, though the market does not recognize them. oil for example. if you believe matt simmons has in fact not made the cycle go away, then clearly it is back. if in fact gold is in divorce court, it is part of the printed money trail now, having become a true hedge, while oil copper and the rest are tied to economic slowing and no longer a speculative target. i.e. markets look ahead. when/if the cb's have another round of tightening in real terms, i would imagine (given the above being true) gold will correct deeply, and then perhaps launch again there after on fear, greed, and panic.