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JTJ

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Alias Born 10/13/2008

JTJ

Re: Joe Kernan post# 2342

Tuesday, 10/28/2008 8:12:47 PM

Tuesday, October 28, 2008 8:12:47 PM

Post# of 7752
Joe, Please look back at the very bottom of my post on IAMGOLD as I added something you may not be aware of (re how to make 10% in one month or own IAG at a huge discount to current price!)

Currently Gold stocks and all Commodities under pressure as Hedge funds are forced to unwind their trades and liquidate ANYTHING THEY CAN to meet margin and redemption calls. Once this deleveraging is complete, I expect the dollar to drop. You can't keep running the presses night and day and expect a currency to rise. Once we're through this deflationary period, I fully expect a boomerang to massive inflation! (although that could be years off as this recession/depression is pretty bad).




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