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To: prometheus1976 who wrote (817)11/28/2009 10:50:38 AM
From: John McCarthy  Respond to of 1182
 
p1976

I understand your point. No argument.

But my goal here is to "make a salad".

I am trying to GRAB all the various forecasts about

-- future gold prices
-- interest rates
-- currency values
-- high debt to GDP countries

and stick them here so that I can "find" them in
1 spot.

Where I am at is here:

(a) Lots of "good" posters have indicated and stated that
the gold run up - in large part - is due to 1 thingie.

That 1 thingie is the "dollar carry-trade"

Well -

it is true that there is a "dollar carry-trade"
it is true that it maybe enormous ..... i.e. much bigger
than the yen dollar-trade

(note - I have no real numbers to measure this by)

BUT

a)-- what about India?
b)-- what about the Euro Central Banks?
c)-- what about China and Russia?
d)-- what about gold supply going forward?
e)-- what about the seasonality of gold?

why are they acquuiring gold in the face of a

current "dollar carry-trade" and
(it) maybe enormous .....

are they ((a)(b)(c)(d)) just NUTS?

Jon Nadler (in my thinking) is going out of his
way to trash gold. Why?

Defnition of Trash:
Target some facts - ignore others.

In closing I think there will be more "ducking the issue" - contradictions as you have pointed out.

regards
John