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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: Turtles_win who wrote (99912)8/17/2015 4:52:15 PM
From: da_cheif™1 Recommendation

Recommended By
baystock

  Read Replies (1) | Respond to of 207338
 
golds not a commodity....jimho a commodity is something that goes eventually POOF!!!!



To: Turtles_win who wrote (99912)8/17/2015 4:58:41 PM
From: Turtles_win  Respond to of 207338
 
One thing about all of this...

With the lower prices for oil and other commodities, that will probably
help induce inflation. By providing cash to buy other stuff and
drive the prices up and more cash for raises. Inflation will probably gradually outpace
interest rate rises and this differential will drive up gold. Also,
the increasing inflation will allow debt to be refinanced and tolerated.

That's my feel for this. Regardless of my speculation on this type
of thinking, the barrons cover is always right in a contrary sense when
there is a bold and definitive call made like they did on the commodities
bottom. NOTE that not that many people made a big deal about the
Barrons cover! It was quietly observed, which makes me even more
confident that it is an excellent signal that commodities have a quite a
ways to go on the downside.

Probably there will be quite a few oil juniors and mining juniors that
will go bust and no longer be in business before this is over.
For gold and PM in general though, I was thinking the bear would be
over before the end of this year. We'll have to see. I can't see the oil
bear being done by the end of the year.