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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (24184)4/9/2011 9:30:39 AM
From: Scoobah1 Recommendation  Read Replies (4) | Respond to of 29622
 
Gold and Silver are both in a bubble.

That doesnt mean they arent going higher, but a bubble nonetheless, and eventually, the music always stops,

I remember when people were telling me that south florida real estate wasnt in a bubble,

so far, I have profited from the tech bubble, and had a crash,

the next was the real estate bubble, and missed that crash,

then there was the SP500 bubble, barely survived that crash,

took a little (too little) from this precious metals bubble,
and hope it lasts forever, for everyone involved,

I am now playing the DOW bubble, as it is the only way the gov't can feed itself is thru taxes and the only people left to pay taxes, are those riding the stock market bubble, but this too, shall pass,

riding bubbles is where it is at,
selling too soon, while difficult, is how the big get bigger



To: GROUND ZERO™ who wrote (24184)4/9/2011 4:26:04 PM
From: ecrire  Read Replies (1) | Respond to of 29622
 
Agree. Practically all commodities trading at historic highs. Are they all in a bubble?
Look no further than Fed overstaying their easy money policy, exporting inflation to other nations .Bernanke's orthodox economics (easy money lifts all boats) must end as the downward impact on the US Dollar may become uncontrollable.
A case in point: Portugal bailout would, a few months ago,have led to a weaker Euro; instead it rallied sharply against the Dollar. Perceptions have changed.
Possibly the Budget agreement may give the Dollar a dead cat bounce but it wont last.
Upshot? Investors flee currencies; and buy tangibles and Gold.