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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: ecrire who wrote (19855)10/28/2009 9:25:47 PM
From: ayn rand  Respond to of 29622
 
it seemed enron was a slam dunk, it was the right sector at the time.

same with miners and gold

you can be in the right sector and not make out quite as well as owning the commodity

e.g.

NG chart

futures.tradingcharts.com

enron chart

encarta.msn.com

physical gold better than gold company stocks

q.e.d.



To: ecrire who wrote (19855)10/28/2009 10:37:11 PM
From: pitbull_1_us  Read Replies (1) | Respond to of 29622
 
You mean you expect to go long one of the etf's that track gold?..



To: ecrire who wrote (19855)10/29/2009 6:16:08 PM
From: GST7 Recommendations  Respond to of 29622
 
<Agree about monetization but the effect is muted as money sits in banks and not lent out> Monetization is a thin sheet of wallpaper stretched over the grand canyon -- and the grand canyon is the gap between the debt that can be financed within the US and the debt that can only be financed in one of two other ways -- and the two other ways are, 1. Speak polite Chinese, and 2. Print money. The notion that somehow printing money is merely about making banks look they have capital is way off the mark. The purpose of printing money is to hide the fact that we have none and cannot find anybody to lend us anywhere close to what we need. And that is why it is the kiss of death for the dollar -- and the death of the dollar is the ultimate inflation play.