To: Cogito Ergo Sum who wrote (149107 ) 2/26/2009 11:27:53 PM From: marcos Respond to of 313661 You can bash gold, it's been bashed before, just does its own thing regardless -g- ... and actually, the more negativity the better, according to Hulbert ... my edge-of-envelope-up-against-screen method of charting says that 900ish would be merely to kiss the bottom of the trend channel, a perfectly normal thing, followed logically by another interim top at 1100 or something Inflation is not imminent no, however governments are spending fantastic amounts and have no way to pay it off other than printing, sooner or later and in whatever form ... for this to be inflation as we knew it in the seventies you'd need pricing power for labour, which is hard to imagine nowadays, it's a different kind of economy ... likely we'll see asset inflation, all that money has to go somewhere ... hey i've got a great idea - why don't we promote housing, get a little construction boom going, that'll soak up some bucks ... not as many as war of course, which has been tried, and works for a while lb.to - it was undervalued then, and stayed that way, if memory serves, seemed to have a permanent discount to the others, but a good company and you had to like it, for a buy-and-hold dividend play that would be the one ... the one i should have had more of then was td.to, the one i should have skipped was bns.to ... cm.to was leading for a while but then faltered, lost some gains there, people say they screw up more now, stupid deals ... cwb.to is still around, it always seemed to be about to do well and never did ... had an insurance play then too, pem.to Pembridge, fairly quick double, started one of my first SI threads on that ... the financials can be interesting, but that was a special time, they were recovering from the hard times of '90-'93 and there was none of this toxic paper crap floating around ... still recall the first mentions of 'MBS' though - 'mortgage-backed securities', lol