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


To: jpthoma1 who wrote (92760)9/23/2007 5:51:37 PM
From: John McCarthy  Read Replies (2) | Respond to of 312496
 
Hi jp

So that we can talk going foward (if you choose)

I would not aprior KNOW this even if the knowledge
of it is lurking around in some closet in my brain

So - iow - thank you for the INSIGHT ...


But it's important to look at the the price in the currencies of the buyers (mostly India and SE Asian countries).

As you may know, price of gold is lower now than 4 months ago in C$.


With respect to demand and supply .....
(and this is my own FORWARD BIAS)

While price may effect TRINKET sales and TRINKET sales
dominate past and current demand ....

I expect some kind of falling off the cliff ....

And at that point -

(a) Investor demand accelerates ....
(b) The demand curve for gold becomes inelastic ...
(c) and because of (b) things get giddy ...

Lastly, I've been trying to find a replacement currency
for the dollar.

A quick google on news will find the words FRANCE and
bankrupt ...

An old google will find (before the Northern Rock thingie)
banks raised rates and a million or so englanders mortgage
payments at risk ....

I cannot sort out what kinda of economic salad
England/France makes - but it sure gives me doubts
about WHAT is the replacement currency -- other than
theres gotta be one NEW that better hurry up
and show up ....

regards,
John