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


To: Box-By-The-Riviera™ who wrote (20392)5/19/2009 7:10:42 AM
From: Real Man  Read Replies (2) | Respond to of 71431
 
Gold is still in danger short term IMHO, as it moved from
inflation trade to safety/risk aversion trade, not to mention
a slow season. Even though you don't believe in such things,
I learned to respect technical stuff, such as 1-year cycle,
9-year cycle, and crap. Both cycles are now bearish for gold.
Once both of these cycles run their course, the major gold
takeoff will begin.

Inflation is not yet an issue, even though monetary inflation
is running off the charts. Oil is a different story, it is a
reflation trade, and I see a possible upside to 80.