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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ItsAllCyclical who wrote (85985)9/6/2007 7:18:30 PM
From: patron_anejo_por_favor  Read Replies (2) | Respond to of 110194
 
>>I'm actually somewhat surprised gold has run this far ahead of the jobs number given that some of the other data of late still shows things ok in general economy (even though it's lagging for the most part). As such I tend to believe this is finally the real thing.<<

I like simplicity. Therefore my acid test for whether it's the real thing is simply if the POG, XAU and HUI all break the 05/06 highs and successfully hold on a retest. Nothing more, nothing less. I have some gold shares, but I'm holding back for that specific confirmation. It'll probably coincide with the Clownbuck smashing 80 to the downside for good (but if other CB's join the madness, that's not an absolute requirement).



To: ItsAllCyclical who wrote (85985)9/6/2007 11:33:52 PM
From: andiron  Respond to of 110194
 
AEM & ABX are better play there albeit a little riskier.