Zeev's Turnips Patch-No Politics (ZEEV)

[Gizmo]

Gold stocks are likely to anticipate the end of the rate cycle and bottom early. It's a complicated picture but if one believes the dollar is going to resume it's decline buying a little here and a little there may work 6-12 mos. out.

Greenspan is probably setting up his successor to cut rates early next year. By that time it should be apparent the consumer is hurting.