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


To: Cactus Jack who wrote (60902)2/9/2010 7:04:07 AM
From: TobagoJack  Read Replies (2) | Respond to of 218825
 
just in in-tray

player 1: Just messing around on Bloomberg.
I note that the all-time high of Gold relative to the S&P 500 is roughly 7.5 to 1.
S&P at 1,000 - gold at $7,500?
S&P at 800 - gold at $6,000?
S&P at 400 - gold at $3,000?
Or is Marc's view more accurate: S&P at 100,000 and Gold at $750,000? <g>
Just food for thought.

Eyeballing a few things leads me to believe that gold trades down in the next few weeks (early March?) to the 1030 - 1040 level, at which point we begin to move higher again, never to look back.

Get ready to fill your boots.....(mine are pretty heavy already).

xyz

player 2: I would tend to agree with xyz's projections.

MF



To: Cactus Jack who wrote (60902)2/9/2010 11:22:01 AM
From: koan1 Recommendation  Respond to of 218825
 
It is what the high tax rates buy. They buy education, good health and affordable sheltor.

I think highly educated people are happier than uneducated people because life is easier for them. They can earn a living easier and figure out lifes problems easier.

I grew up in Richmond Califoria, so I know ignornace and poverty well and there is nothing romantic about either.

Look at the history of mankind. Life was miserable for most people worlwide since the beginning of time. Cannibilism and slavery were common place. Mostly feudal lords and peasants. And always hirarchial societies with masters and servants and no democracy. Slaves and indentured people the rule.

With education came democracy and with democracy came true civilization. And with civilzation human rights and human diginity and a full belly.

>>koan,

Governments don't impose happiness; happiness is from within. Again, I'm not sure I'm prepared to agree that the Swedish and Danish tax rates are responsible for their societal happiness as measured in whatever study you're citing.

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