Posted by hurricanemalta on 24th of Jan 2010 at 11:59 pm
Junkie...maybe you have different glasses on than me..lol...I
see economic problems in the world everywhere and so don't
consider my views as telescopic...I see them around the corner!I
would be shocked if this nonsense can carry on for another 6
months without a reaction.The uncertainty is already
here today IMO
So I take it your view is that one will continue to rally and
one will sell off(gold/$)as it is doing now.
Posted by mamaduck on 25th of Jan 2010 at 12:16 am
Under the scenario you have described, I see gold falling but
much less than equities and other commodities... much like
2008.
However, there is a near doomsday scenario, where under some
geopolitical event, there could be a rush to both gold and USD
while equities and other commodities crash... say Israel attack
Iran or something like that.
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Hi Junkie...I see real problems with the world economy everywhere!!
Matt/Steve/others ..gold vs USD
Posted by hurricanemalta on 24th of Jan 2010 at 11:59 pm
Junkie...maybe you have different glasses on than me..lol...I see economic problems in the world everywhere and so don't consider my views as telescopic...I see them around the corner!I would be shocked if this nonsense can carry on for another 6 months without a reaction.The uncertainty is already here today IMO
So I take it your view is that one will continue to rally and one will sell off(gold/$)as it is doing now.
hurricanemalta, pardon my borrowed quote
Posted by junkie on 25th of Jan 2010 at 08:36 am
hurricanemalta, pardon my borrowed quote and watch treasury bond yields for a signal. If gold does not sell hard in May/June, that's another signal.
Gold Vs. USD
Posted by mamaduck on 25th of Jan 2010 at 12:16 am
Under the scenario you have described, I see gold falling but much less than equities and other commodities... much like 2008.
However, there is a near doomsday scenario, where under some geopolitical event, there could be a rush to both gold and USD while equities and other commodities crash... say Israel attack Iran or something like that.