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

To: Elroy Jetson who wrote (6866)	5/4/2008 7:43:34 PM
From: Real Man	Read Replies (1) \| Respond to of 71447

There has been some wild speculation in gold futures, so the sharp drop was bound to happen after February, a seasonal jewelry demand peak, or at some other point . The real question is how much physical these speculators (some of them are investors) take off the table. -g- The fact that gold still follows commodity seasonals confirms it is not in a bubble, and not even yet noticed by the investment community. Some of it, a really tiny portion. A long way to go in a secular bull market, but we are certainly in a seasonal funk, maybe worse. Gold stops following jewelry seasonals in a bull run. It re- gains its monetary quality, debt - free money, given the size. You can't easily store tons of copper or 50 barrels of oil.