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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (79103)1/24/2008 11:11:23 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Gold is a currency that can't be printed, so it can be viewed
as stable. When the purchasing power of the dollar falls,
gold price rises. The same with oil or CRB. In that sense,
I don't think there is such a thing as a bull market in gold.
It just stays put. An old-fashioned view anyhow. Of course,
it fluctuates and can be manipulated, since it is a small
market in which Central Banks are the major players and
major owners of all the gold. But that's the real reason
they are -g-



To: carranza2 who wrote (79103)1/25/2008 1:03:03 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Message 24247059
I like this explanation. Brief and right. -g-
TNX = low - Fed won.
FWIW, I would not be surprised if housing recovered and
bubbled up again. Yep,
that huge bubble. I will be very puzzled if the
dollar recovers -g-


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