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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: nspolar who wrote (10690)	11/23/2008 11:09:31 AM
From: John Pitera	Respond to of 33421

Hi Falcon, good thoughts on GOld, Gold is so essential to everything else that is occurring globabally. thanks for posting JOhn

To: nspolar who wrote (10690)	11/23/2008 11:50:35 AM
From: Cogito Ergo Sum	Respond to of 33421

TF I note that your gold prediction is USD related.. That may seem like a frivolous observation.. however again I wonder for the non USD world (like Canada even).. if gold's appeal will be more muted, and further if the talk of getting off the USD re: pricing may gain much more traction in that future your waves foretell .. yes either scenario is bleak for the US... The Black Swan thinking that in your possible scenario that I have more options than gold.. China better get those USD off their balance sheet in a hurry.. There is no US consumer to support it seems anymore ...

To: nspolar who wrote (10690)	11/23/2008 7:02:13 PM
From: nspolar	1 Recommendation Read Replies (1) \| Respond to of 33421

I do not post many articles by others. Feel little need to repeat what is written. I do read some of them, but much less than in my early years within the investment arena. I read headlines, a few lines, and a few articles to keep up. I do think this fellow has written a few good articles. One of the few on the Gold Eagle that I check in on. Most of the rest have been so terribly wrong they should be in their holes, to stay. Anyway some of Laird's views are a bit similar to mine. I do prefer my timing, for the true launch of gold and a 'possible' crash in the USD, which I tend to believe is near end of year 2009. Worth a read imo. There are many sub issues at play here. Many, as this is a very complex global economy. World Demand Collapsing gold-eagle.com I also think that the markets are never truly the same. History does not really repeat itself. The coming launch in gold is not driven by the same conditions as it was in '79. That is for sure. The launch will be driven by a lot of other factors, one for sure being the value of the USD. Gold is quite volatile. It is possible the launch, yet ahead of us, good be quite dramatic. It will be nice to have a pot of whatever to buy in from. Have you built up a pot, or have you let your pot be drained? I have surmised it will be in my best interest to revert from trader over the last few years, to more of a holder. You see the market always likes to flip us around. What I want to do is flip by in large out of sync with most of the rest. I leave it up to you to interpret all that to greater depth, if you so desire. I would also like to note that I am cashing in my gov't bonds, sometime in Dec. There may be a double top, but I think we are getting really close to a first top. I want out. My bond holdings are in a 401K, company plan, due to limited options. They have worked very well for me over the last year plus. Not only have I had capital preservation, but gains. Last but not least, note Laird's statements about 401K's. What is up here folks? Most of us have some, or maybe a lot. What should we do with these IRA's? Is there more danger to these, than premature taxes? The latter I could take. Will the Obamaites come after our IRA's? I left out Pelosi. Who in their right mind could have voted her in? YOur future is at stake here. My future is at stake here. The future of my children is at stake here. Our future is at stake here. TF In edit: How about that Bret Favre? I am truly impressed at what he has done this year!