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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (7380)	6/28/2008 7:50:05 PM
From: JW@KSC	Read Replies (3) \| Respond to of 41420

Galirayo, Well Galirayo I finally accepted your invite to visit this Workspace. Thanks I think???? Perhaps I may be lost in space..... and that's tough to say for a guy who Punches Holes in space for a living. I ensure those DOD and other Satellites hit their target parking place in orbit, and just for fun I get to blow one up on rare occasions, but................... Look Galirayo, I speak German, Chinese and Formula One Racing Tech Speak, but looking through a few posts here and you might as well be speaking Greek to me <G> I don't know an Abandoned Baby from an Upthrust, I do know the State of the FED, and the World Financial Markets and it isn't a pretty sight out there. But in my golden world things are looking bright and shiny ;^) I was just waiting for the FED to confirm what I knew already. The FED does nothing again. Gold stopped it’s run up when Oil was around at $90. a barrel. Do I hear $150. a barrel? Yes the oriental gentleman in the back row.. Do I hear $155? Nothing is going to reduce the cost of oil, as long as the Dollar keeps losing value against other currencies and as long as most of the world is paying for oil in Dollars? (but then that’s another discussion entirely) 2 months ago the the FED talked tough, and the dollar held it’s own since then…. But Oil continued to rise.. Now, the FED has done nothing except say it may raise rates next March, (some say end of the year) and it won’t lower rates sooooooo the Dollar will continue it’s devaluation path down the hill. Kinda like water once it’s broken through the levee along the Mississippi. Very hard to stop without a real solid barrier. So it's about time to gold to shine again for a while. Now why you invited me here is the question of the day, I could not even begin to abide by the guidelines of this workspace. I've got no charts, with circles and arrows and a paragraph on the back of each one, explaining what each tic means... Sorry Arlo. But after, Reading the Guidelines here, I could give my prediction on GOLD, that's the metal folks, not GLD the ETF. Sorry I can't completely trust that ounce for ounce GLD has every gram.... "Gold should be north of $2,200. by the end of 2010". Probably topping out around $5000. before receding. If you can't afford to purchase the metal AU, then buy silver. If gold goes to $2,200 then Silver will be $100. To conclude, there is a near-perfect Diamond in XAU.. $GOLD is looking pretty close. Run those charts up your flag pole and let me know what you think. It's been a long time my Friend, Amati was 12 years ago and the world has changed. The world got their ADSL Standard "DMT and Bandwidth. I debated and fought those CAP Engineers and I won. To bad Amati sold the store (DMT) to TXN. Regards, JW@KSC