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To: NOW who wrote (15888)10/29/2008 3:12:38 PM
From: GST1 Recommendation  Read Replies (1) | Respond to of 29622
 
It is not precise -- but if a few months constitutes a long term persistent change in a trend that has been in place for fifty years and survived recession after recession, oil chock after oil shock, several wars and multiple bear markets in stocks and housing, than you might as well say we have deflation in the morning and inflation in the afternoon.

The stage is set for more inflation. Only time will tell.



To: NOW who wrote (15888)11/4/2008 1:47:26 PM
From: Jim McMannis  Read Replies (1) | Respond to of 29622
 
XAU pointing to 96-110 for top of this wave. Still holding long from 68.