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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Secret_Agent_Man who wrote (15717)	12/24/2008 3:48:35 AM
From: Real Man	Respond to of 71479

No, it's an interim bear market, at least in gold equities. We have been killed since March along with everyone else, even more so than SP500 bulls. Nobody can say if it ended yet, although I suspect it did. I am just managing risk for the gold portfolio accordingly.

To: Secret_Agent_Man who wrote (15717)	12/24/2008 5:02:34 AM
From: Real Man	Read Replies (1) \| Respond to of 71479

The good news (or the bad news) is that once this interim gold bear market is over, it is going to Mars. The target is 2K by 2011. I'm afraid gold won't stop there and go into 5 digits. Needless to say, this event (gold going to 2K) will confirm hyperstagflationary depression. I am not saying it can't happen now, just that nobody cancelled the interim gold bear market yet. The fundamentals could not be better - the Fed's actions will unleash enormous inflation once the global economy recovers a bit.