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


To: westpacific who wrote (89118)11/23/2007 9:35:01 AM
From: Claude Cormier  Respond to of 110194
 
- Gold, farm land with water, debt free property all part of this families picture.

Same here...plus gold stocks. I have also from time to time short vehicles on the US markets. Seems we are on the same line after all.

As for the price of gold, $1000 is fine with me. But I think it will be much higher.



To: westpacific who wrote (89118)11/23/2007 12:15:03 PM
From: oldirtybastard  Read Replies (1) | Respond to of 110194
 
The decision for a gold standard doesn't need to be dictated by a govt for gold to behave as if it were the standard (where confiscation comes into play eventally), or better than other standards, as I'm sure you've noticed since gold was below 300/oz not long ago and central banks were announcing and conducting further sales of it. It is fun to watch the ultimate irony of "in god we trust" printed on what was thought to be a standard. Odin and Zeus and animal spirits know about that stuff -g-



To: westpacific who wrote (89118)11/25/2007 12:51:40 AM
From: Nikole Wollerstein  Respond to of 110194
 
"One can make more money short this coming top then long gold."
You might be right but there is such a small amount of tradable Gold and so much paper floating around that small paradigm shift can push POG over 1000 in no time