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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: SwampDogg who wrote (143976)	1/28/2009 6:28:20 PM
From: pocotrader	Read Replies (2) \| Respond to of 313182

I'm really getting confused about the price of gold, some analysts are saying it might stay around the $800. to $900. range for quite a while, won't move up until inflation finally rears its ugly head, others say $1000. to $1500. is coming soon, who the hell knows, I'm not buying anymore junior gold stocks until the picture gets clearer.

To: SwampDogg who wrote (143976)	1/29/2009 2:03:06 AM
From: Hugh A	Read Replies (2) \| Respond to of 313182

SD - can you share your DD or TA on this? I track: 1. [cpi-mcpi] - it's screaming buy gold, 2. [10 yr-1 Yr T-bill spread] - inflation not expected for at least 6 months 3. [10 Yr TIPS spread] - inflation not expected, but out of kilter due to flight to safety on the 10 Yr T-bill - could be a head-fake. In real terms, when gold pops, PoG/cpi compared to 1980 says gold should be $1,600 to $1,800, but with cpi running ahead by this time and an overcorrection on the upside, gold could close over $3,000 for one day (and the Dow below 4,000). Therefore, my prediction is this isn't the big pop - we've got to see evidence for expected inflation in Treasuries data before we get it. Your thoughts? HA