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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (58664)12/5/2009 4:51:48 AM
From: Snowshoe7 Recommendations  Read Replies (5) | Respond to of 217710
 
You can talk to Haim anytime on Freedom BBR, without fear of banishment by Elmat... ;)

Booms, Busts, and Recoveries
Message 24008583



To: TobagoJack who wrote (58664)12/6/2009 1:52:57 AM
From: elmatador  Respond to of 217710
 
Sovereign debt is the rocket fuel for gold. Market still thinking government are guarantees.

Dubai case showed government's guarantees which investors thought were implict, were not there when the guarantees were needed.

That jolted gold up. We need to keep an eye on the correlation sovereign debt cracking and gold jolting.