Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Secret_Agent_Man who wrote (24954)	11/28/2009 6:56:03 AM
From: Real Man	Read Replies (1) \| Respond to of 71407

RR understands stuff. Gold is going much higher, but it would normally take 3 years to get there, not a month. It is technically very overbought and is far above 50 MA and 200 MA. I'm not selling any. I have seen these exuberant moves in prior bull legs. It is always doing that. However, if it gets even more exuberant, then it also often crashes after the bull leg is complete. Which, naturally, only provides a buying opportunity in a bull market. -g-

To: Secret_Agent_Man who wrote (24954)	11/28/2009 9:44:01 AM
From: Real Man	5 Recommendations Respond to of 71407

Gold bubble is ballpark 80 billion, GLD + physical, 1/3 of MSFT stock cap. US government debt bubble is around 100 Trillion, ballpark, with SS and medicare included, and still expanding at fast clip. Our minor mortgage bubble incident was transferred on that balance sheet in 2008 to mitigate the crisis. There is no way this can ever be paid back in constant dollars. Which one is a bubble?