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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (3363)	12/17/2008 9:30:41 AM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 103300

"how does one explain the big rally in gold" Over-sold rally. Perception of future inflation (out into 2010 & 2011....) Gold is still DOWN in price a lot though from the $1150 or so it was just a few months ago. ;-) "... and collapse in the USD?" Hardly a COLLAPSE. Just some normal profit-taking after the HUGE RALLY it's been on for the past 6 months or so.... (Also, with Fed Funds targeted near zero now... although there are PLENTY of other weak currencies in the world, too... folks are anticipating a resumption of paper's steady decline. (Like I said a few months back --- I expected that the Dollars run was going to stall near the end of the year... and that BONDS would be the next bubble to pop, probably into the new year sometime.)