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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (90230)8/30/2007 11:56:27 PM
From: koan  Read Replies (2) | Respond to of 314077
 
Dollar and gold have been holding very steady. Big wedge. gold 666-lol and dolar 80.60.

I am thinking about hedging gold to protect my mining stock gains.

The housing market has frozen up here which looks lieka recession to me.

This means two things:

1) feds have to accomodate with liquidty-can't have a recession, debt would go nuts.

2) all that liquidity will hurt the dollar.