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

To: zigzagman who wrote (11603)1/31/2009 3:27:34 PM
From: Poet  Read Replies (2) | Respond to of 33421
 
Thanks for posting these zz man.

That's one ugly report. Who among us ever would have thought last January we'd be reading the likes of this a year later?



To: zigzagman who wrote (11603)1/31/2009 5:17:13 PM
From: Hawkmoon2 Recommendations  Read Replies (1) | Respond to of 33421
 
"Gold broke $900 last Monday, and it's a telltale sign that you are starting to get fear of sovereign debt, that's one reason gold is going up. But the other reason is if everyone's yield is going to zero, in a world without yield, gold doesn't look so bad," he said.

Interesting point.. Makes logical sense.

Which is when the gold bugs have to worry about coordinate confiscation by global governments.

Hawk


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