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


To: Wyätt Gwyön who wrote (25488)12/12/2009 10:26:47 AM
From: Real Man3 Recommendations  Read Replies (2) | Respond to of 71455
 
Not at all. I expected the gold crash, and posted a warning.
RSI got to 83.

So, now that it crashed, all gold bears and haters predictably
came out of hybernation.

Look at 79 gold mania. The thing crashed 10-20% every 3
months. It's just normal for gold to crash -g-

Long term gold is not done yet, far from it.



To: Wyätt Gwyön who wrote (25488)12/12/2009 10:41:52 AM
From: Real Man  Read Replies (1) | Respond to of 71455
 
It's about monetary policy. Our Keynesian Fed will keep
real interest rates negative as long as the economy sucks,
which folks expect due to credit bubble popping. That makes
treasuries a pretty bad investment. The fear peak of 2008
is unlikely to be exceeded, and re-emerging inflation will
gradually drain your treasury account. Unless we get Keynesian
screwup, the topic of this thread. Then T-bonds will simply
crash.

Gold, on the other hand, just loves negative real rates.



To: Wyätt Gwyön who wrote (25488)12/12/2009 6:19:37 PM
From: Skeeter Bug  Respond to of 71455
 
i agree.

gold really started getting hit once reported data indicated a real recovery was on the way. of course, i think the data is complete manipulated crap.

but if one doesn't take that view, a recovery is bad business for "collapse insurance."

it just makes sense.