Thanks, I listened to it yesterday. What I think will happen this week/next is that gold will move up to $418-$420, before pulling back. Hui, I think will go to about 210ish, then a pullback to I am hoping no more than back down to 202, though it could be lower. The Fed is behind the curve. All their business reports IMO are lies. I think the economy is already beginning to slow but inflation is ramping up. Greenspan is in a catch-22, if he raises rates enough to halt inflation, he stops the economy dead in its tracks, then he'll be worried more about deflation, then Humpty Dumpty falls off its wall.
Do you know when the Bradley Turn Date is/was? I sort of think the market is going to stage a small rally here for a week or so, unless the CPI & PPI look awful (likely). But they might just put off reporting them.
There used to be a time that the CPI reflected the real cost of living for the average American, real cost of food (my groc. bills are up at least 20-25% from a year ago alone), gasoline has got to be killing the commuter, medical bills/ins. are through the roof, to mention only a few things.
I mean really, how many cheap DVD's does a person need!
And I'll lay you odds that all the new "self-employed" are folks who have lost their jobs and benefits and have become Realtors. Even if they are just an associate they are classified as self-employed since they are independent contractors where they get no benefits at all and generally don't do so well for the first year or so.
I understand the number of listings is going up. Lots of people getting out while the getting is good.
AI
