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


To: TobagoJack who wrote (30116)2/29/2008 8:06:50 AM
From: Dr. Voodoo  Respond to of 217860
 
In this kind of deathmatch, occasionally one needs to find a good hidy hole so as to whack the aimless wanderers. Just as when oil hit the psychological mark of $100 a barrel, gold at $1000 is being met with equal interest among those whose knuckles have been banging rocks for the last few months.

As such, we may see a 10% retreat, coupled with a righting of the dollar as:

Yen reverses course with help from Ms. Watanabe.
GDP continues to show signs of decline.
Oil inventories continue to grow.
The platinum scare fears are realized for what they are.
China continues to shut down factories so Mrs. TJ and Coconut can see the people on the track from their front row seat at the olympics.
Bush still hasn't heard that gas might reach 4 dollars a gallon. (he is such a funny little man)
Ben cuts again....<Haven't you heard? sell on the news?>

Reccomendation: When we see some guy on TV holding his $1000 numismatic coin, sell gold, buy dollars. Raise cash, because we're going to need those profits to reinvest in larger boxes and hiding holes for the eventual reverse trip to $1650.