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mick

01/08/08 9:39 PM

#3196 RE: SMF Trading #3195

hi SMF , good evening. welcome to dow 30

i saw it at $260 gold ppo and that greenspanomics couldn't hold it there much longer due to crash of 1999/2000 and 9/11.

so august ,2001 was my secular bull call for gold and commodities.

silver is behind gold and the divergence should close some.
but should china decide to do a different view with the dollar...$3,000 ppo $100 silver ppo.

when greenspan lower the dollar then gold and s&p are inversely proportional to each other.

this is the divergence and still goes on today. s&p has decline some. but usually gold would go south when s&p went to new highs. gold did not go into retreat.

gold even went to all time high recently.

RE:
Great call on gold mick! I've been a long bull as you know since $300...I mean 03, people really need to read up in the current bull market because they're getting hurt with these markets.

answer about u.s.a. debt. money already made in da vaults for new exchange rate when u.s.a. ask all countries to forgive all u.s.a. debts owed to them.

it could happen should dem wins da oval.