Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (87779)	10/6/2008 8:31:59 AM
From: Rarebird	4 Recommendations Read Replies (4) \| Respond to of 116555

Undoubtedly, there is some safe haven buying here. However, my upside target for the Dollar Index on this corrective move was 81.50 and it got mighty close to that overnight: Message 24975697 There are amazing bargains available in Gold Mining land, but most investors/traders are gloomy. In March, when the Miners were tremendously overvalued, all I heard was how the POG was headed to $1200 short term. Central Bankers will soon lower rates frequently, in order to combat recession fears and rising unemployment. This concerted rate cutting will be powerfully stimulative to the gold market.