To: goldsnow who wrote (14838 ) 7/23/1998 9:31:00 PM From: Gabriela Neri Read Replies (3) | Respond to of 116762
I forgot to mention that, according to McCllelan, there exists historically a 12 to 15 month lead time in which gold will begin to rise in price while the actual CPI numbers will continue going down towards a final bottom. In other words, the officially published rate of inflation will continue to decline for 12 -15 months after gold begins to gradually increase in price. He says this pattern has a high degree of probability associated with it. This is going to be quite entertaining as I am sure the bond bulls will repeatedly attempt to poo poo any rally in gold by wheeling out the CPI figures and proclaiming that the gold price increase is unjustified. Oh, this will be a lot of fun to witness where the money flows grope for their so called safe haven bet when both equities and bonds will turn hostile towards their overtures and they will slowly and grudgingly realize that the precious metals, the ugly, forgotten retarded ,and chastised social outcast, the bed wetter, will now appear to be a warm fireplace on a frosty night. Sit back and enjoy the histrionics.(Over time, of course. Nothing too sudden. After all, we wouldnt want to completely shatter the so called "new Paradigm" charade too fast. For pete's sake, its entry into our vocabulary is so recent it really hasnt gotten tha familiar with its new found popularity.) And, what will happen to Abbey Cohen, the perma-bull with more testosterone in her veins than the late great Lyle Alzado(the man from mars), former Oakland Raider superstar? She must have a set of hairy nipples. Well, she is about to shave them with a dull razor. Ouch!! Please forgive my enthusiasm.