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

To: TobagoJack who wrote (80213)	9/24/2011 1:57:07 AM
From: Hawkmoon	1 Recommendation Read Replies (1) \| Respond to of 218304

Do I think "Gold is done".. Certainly not. But for now, the USD chart is indicating a move up to 84 over the coming months, which makes sense as the commodity bubble collapses in the absence of any QE, as well as European and Asian economic uncertainty. You just cannot prudently ignore precedents set in an historical pricing chart. bigcharts.marketwatch.com There will continue to be some jockeying around in the USD vs GLD trading ratios, but I think it's pretty clear that what the Fed is doing will only attract interest in the USD over GLD, since it does not really represent any additional devaluation of the dollar (as QE1/2 did). They are merely "shuffling" the deck between short and long term treasuries in order to bring down long-term rates.. Doing that will certainly benefit the RE markets, as well as sellers of long term debt in need of multi-year stability in their interest costs for long-term capital investments. Now.. my analysis will change drastically if the Fed, or the Treasury, unleash another injection of liquidity, or deficit spending. But it seems that the Republicans are dead set against further deficit spending, and the downgrading of the US credit rating seems to provide a sound foundation under that argument. Again, not good for Gold, or the perspective of looming inflation. It suggests belt-tightening, and restoration of balance sheets and debt repayment, and de-leveraging. The rise in Gold to it's current lofty highs was primarily a response to QE 1/2. Absent that QE stimulus, why would you think Gold would continue to shine? See me at USD 83-84 and we can re-visit this discussion.. ;0) Hawk

To: TobagoJack who wrote (80213)	9/24/2011 3:03:14 AM
From: elmatador	1 Recommendation Read Replies (1) \| Respond to of 218304

Gold plays its part while the horse trading goes on for the New Economic World Order takes shape. The US is comfortable with a New Economic World Order (N E W O). Who is not comfortable with a NEWO? China (must make RMB convertible) Germany (must stop being Asian export its way out of trouble, leech the Rest of Europe) UK historical reasons losing spurious feeling of being world power albeit second class France idem All minnow countries. Will be booted uncerimoniously out of the table. Countries pushing for a NEWO: US, India Brazil and Russia pushes. The discussion with gold must be: what role it will play in the NEWO?