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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: stan_hughes who wrote (5145)	3/17/2008 2:27:25 PM
From: Real Man	Respond to of 71477

Cewl. Can they pay me be for taking a fixed mortgage? I'll go for that <g>

To: stan_hughes who wrote (5145)	3/17/2008 2:29:26 PM
From: Real Man	Respond to of 71477

A drain for everyone, but a selective placement for repos into the hands of our WS masters? -g- Here is Jim Sinclair, he said 1024 for gold should be resistance: The action of the Federal Reserve in declaring their lending on any collateral (which means no collateral in real value terms) to investment banks as well as commercial banks only institutionalizes what the Fed has been doing since all this started. The most recent change in rates is an attempt to camouflage the enormous increase in the M3 that is inherent in the action to bailout an entire system now falling over. I credit the Fed with making the situation obscure, but the problem is going to continue to accelerate. There is no practical solution. Gold last night ran to $1033 then settled back to the key number of $1024 where it sat until Washington woke up at 6:30am. $1000 to $1050 is an area that will try unsuccessfully to restrain gold. Gold is going to $1650. When a commodity improves 665% the companies owning this commodity can only reflect that bull market, regardless of how hard any fund or funds try to stop it. Any such company with significant internal development will outperform. Stay calm. Gold is heading to $1650 and I am almost certain that is much too conservative. Regards, Jim