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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (209)	6/19/2007 1:23:06 PM
From: Real Man	Read Replies (1) \| Respond to of 71402

I suspect everyone is bearish on gold because of the 9-year cycle, which is due for a downturn.

To: orkrious who wrote (209)	6/19/2007 8:44:50 PM
From: Real Man	Respond to of 71402

Nice chart. Meanwhile, Japanese housewives are jumping on dollar-yen carry trade. bloomberg.com I smell trouble around the corner -g- wallstreetexaminer.com

To: orkrious who wrote (209)	6/21/2007 5:23:24 AM
From: Real Man	Read Replies (1) \| Respond to of 71402

I like physical gold because it is inherently less risky - miners will likely melt down with the broader market, if the derivative bomb blows up. So far any spills from subprime CDO and other junk have been contained by the Paulsen-Bernanke team, but the bomb has sure grown bigger. It might just go off at some point, who knows. I would suspect carry trade blow up then, and gold to the moon, but you never know for sure. Lots of so-called liquidity will be vaporized, so gold just might tank as well. If it does, I'm positive that post-meltdown CB efforts will push gold to highs never seen before. That's just my take on gold, and since I see some risk, I just hold the physical. FWIW, I don't expect gold bull market to end any time soon. When it's done with, DOW=gold or DOW<gold is a possibility, IMHO. That means a price tag of at least a few thousand $ per Oz. The other option is that they will try to print the world out of the trouble, but I have no idea how that will work. The leverage seems to only get bigger as they are doing it now. So da moon is the ultimate destination for gold, but it could crash briefly with the market, as the speculator long futures positions unwind. All IMHO.