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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Grandk who wrote (82307)	10/22/2008 3:51:51 AM
From: Real Man	Respond to of 94695

You are right.

To: Grandk who wrote (82307)	10/22/2008 4:17:15 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

Watch End of the Month delivery time, though. The gold market has been suppressed by authorities, so the logical move in a derivative meltdown would be gold upside explosion. The top in March was made by G7 allocating IMF gold to be dumped on the open market. Right now gold trades like a commie market, with little to no way to get physical gold at quoted spot price. GLD is just 20 billion. Gold market is just 4000 tons per year, very small compared to all markets, easy to suppress. The other side of that equation is that it can easily explode higher if a substantial move to gold as a safety vehicle happens.