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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (9784)	5/20/2008 3:40:00 PM
From: chainik	Read Replies (1) \| Respond to of 50418

C, as you know, Hussman is not trying to predict daily moves/noise. His argument is pretty straightforward (I hope I am not oversimplifying): -Commodities (in particular, oil) are in a bubble; -The bubble will be killed by higher interest rates; -Gold will follow; -Rate hikes will start at the end of this year, after elections. So, if he is correct, gold will be significantly lower 6-9 months from now.