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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Gold Vs. USD
Matt/Steve/others ..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.