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Ace Hanlon

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Ace Hanlon

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Re: CoalTrain post# 6360

Friday, 03/03/2006 5:32:39 PM

Friday, March 03, 2006 5:32:39 PM

Post# of 9338
POG may will pull back some shortly IMHO. No way will the Fed stop tightenign until POG and other commodities correct , Some on Wall Street now project a peak funds rate of 5.5%.

That said I doubt POG will ever again fall below $500 and $1000 POG by the next election is an excellent bet.

“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi

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