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


To: Cactus Jack who wrote (63880)5/26/2010 11:29:15 PM
From: LLCF  Read Replies (2) | Respond to of 219671
 
Naw... you just got sucked into our convoluted logic!!

LOL... somewhere way back when it was mentioned gold was probably "the last great trade of our lifetime". THAT has still to be seen. :))

I'm still wondering if the Fed will keep expanding it's balance sheet or monitize what it has going forward given the latest table pounding by R. Wing.

Of course that's probably nothing, and even may appear STUPID given the coming "tough luv" of unemployment rates doubling again.

DAK



To: Cactus Jack who wrote (63880)5/27/2010 10:22:01 AM
From: TobagoJack  Read Replies (2) | Respond to of 219671
 
i speak for myself and i am sure for dak, that nothing pleases me more than sharing salvation with another

fwiw, i believe gold is still the single asset in which we can afford to focus on, and in size

if we are to judge gold in comparison to other one time goodies



and we must note that home building index portrays a bubble that was usa specific; nasdaq was oecd particular; whereas gold, the primal and eternal, is universal



even as i am certain gold will prove more volatile than it ever was, eventually to do three digits daily movements in both directions.

and, a warning to myself that, sure, gold can certainly re-visit 750.