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


To: TobagoJack who wrote (64358)6/22/2010 8:49:30 PM
From: carranza2  Read Replies (1) | Respond to of 217818
 
I am enjoying a Credit Suisse report on gold issued in January in which the eminent analysts say that the steam has run out of gold because of the improving economy. ETF demand is forecast as dropping. Predicts a 2Q10 price of USD 990.

Compare to this reality concerning the gold ETFs purchases:

zerohedge.com

I enjoy back-testing. I have written off CS.



To: TobagoJack who wrote (64358)6/22/2010 9:49:22 PM
From: LLCF  Read Replies (2) | Respond to of 217818
 
Looking (to me) that the "hyperinflation: Germany 1920's" scenario is still NOT a done deal as politics still leaning other way. Major market meltdown could certainly crush POG as other shoe keeps dropping.

OTOH, as we've mentioned, a year or two of "economic tough luv" vis a vis 20% unemployment may insure that ultimate outcome.

DAK