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


To: Real Man who wrote (34950)2/2/2011 7:04:24 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 71475
 
Excellent chart... now, if that chart were to exclude the last three years or so, would it look as bullish from the August lows? TIA

GZ



To: Real Man who wrote (34950)2/2/2011 7:33:25 PM
From: rubbersoul  Respond to of 71475
 
Thanks. I always appreciate your thoughts on gold. It looks like miners and silver may have bottomed before gold and are leading this lackluster bounce so far. I'm not discounting the heavy buying in GDX last week when POG hit 1309. That's when I burned up my cash and quite frankly, I don't want to give up my cheap shares here. IMO, I think gold and silver have some catching up to do in light of the recent run up in commodities. And I think miners have some catching up to do to the metals.

Bugs always think they're going to get squashed even when they've already been. Just the condition of being a bug I guess, lol.



To: Real Man who wrote (34950)2/2/2011 9:07:27 PM
From: carranza2  Read Replies (3) | Respond to of 71475
 
Grand Pooh-Bah Richard Russell is now recommending the DIAs in addition to gold. His thinking is that the bluest of blue chips might well provide as much protection from inflation as Au.

He might be right. If you take a 2 year chart for the two, they show nearly identical results.



To: Real Man who wrote (34950)2/3/2011 12:06:36 PM
From: rubbersoul  Read Replies (1) | Respond to of 71475
 
Okay, we have lift off.<G>