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


To: TobagoJack who wrote (22826)9/20/2007 12:20:20 PM
From: prosperous  Read Replies (2) | Respond to of 217739
 
Looks like an inflection point today. You may have to revise your heuristic to buygold regardless of whether its a dip at this point :-). Looks like a win-win situation; if we go into heavy inflation gold does well along with stocks and if we go into recession future rate cuts devalue the $ and gold does well. At this stage down side seems to be only in 690 or so range if at all we get there. I was hoping we would not have a 50 bp cut at this stage but with that the writing is on the wall.