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

To: $Mogul who wrote (84940)	1/12/2009 2:50:07 PM
From: Real Man	Read Replies (1) \| Respond to of 94695

I'm fine with the pounding. I hedged it. -g-

To: $Mogul who wrote (84940)	1/13/2009 2:57:16 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

FWIW, Gold is definitely depression stuff, debt-free money. The rush toward gold is waiting in the wings, as things are going to get a whole lot worse. It never rallies during good times. Deflationists are missing that any government paper or currency is based on debt as well. I truly expect mid to high 4 digits if not 5 within the next 5 years. The real rush will happen with huge physical offtake, as confidence breaks down to the point when rich folks don't trust any government paper or bank account. Gold is not all that weak. In fact, it made a new high in the average currency in December. The gold market has its own cycles, thou, and is in a consolidation/bearish cycle at the moment. Gold will rally big time on the collapse of the global financial system. I have just been front running the thing, and playing with paper accounts, as I expect those to be vulnerable in what's coming next. Vulnerable to banking holidays and closure. This crash is not a joke, and that's what next. That's when gold will really take off and run.