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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (208657)	12/29/2011 5:21:33 PM
From: SwampDogg	3 Recommendations Respond to of 313061

Tax selling actually did not end until yesterday in the US. Will have to wait until next week to see a real market Read a blurb this morning that said that gold was down due to the fact that the ECB had a huge balance sheet. Sounds like QE to me but in the land of make believe we can pretend for a while longer than paper cash is actually "safe" For a few more days, weeks, or perhaps years the emperor has his clothes back as lower euro means weak gold despite the fact that euro issue is same as US issue longer term Sure is a lot more talk of Japan and the debt issues over the last few weeks (perhaps for the first time). Yet another excuse for the buck to go higher in the next few years. Gold may end up in a range between $1400-$2000 for the next few years until the buck gives up the ghost. Not really a bad environment for making money and for the eventual encore. It would give one a much higher target in gold of over $10k but the wait would be longer. Focus would move from the metals into growth projects much like 2003-06 which is good. First things first...looks like rally into feb/march IMO and we should see a lot of deals as soon as the next couple of weeks. 2012 may be the year of the gold merger as scale becomes top priority.