Replies to post #24098 on Fiends In Stocks

[DeepBlue1]

Interesting charts but I really have a problem with the whole idea of us returning to a gold standard within any time frame that's relevant at this point.

It may happen, but as in the final paragraph of that article says, it'll be resisted to the bitter bitter end and I take that to mean that at the very least it'll be many years at a minimum before that has a chance to become a real possibility...if ever.

I'm afraid that goldbugs are struggling and stretching and grasping at anything that supports their case for gold with all kinds of convoluted arguments.(present company excluded of course) But IMO that's just because they're frustrated and anxious and underwater at the moment.

The funny thing is...they have the perfect argument and one that not only makes perfect sense but seems inevitable at some point...if they'll just be patient for a little more time. The argument that the money supply is soaring at unprecedented speed. It's time will come, but it ain't gonna' happen THIS WEEK. It may START very soon though...I'm guessing within 3 months or sooner we'll start to see it turning.

Watch the USD, the treasuries spreads, and jobs that'll signal the beginning of the end of this mess. That's when I THINK it'll happen.

But as always, WTFDIK...LOL

[DeepBlue1]

Here's an interesting thought regarding silver...

Somebody just made the point that oil/gas will get somewhat of a boost/support during the holiday driving season.

Now, since oil and silver seem to be trading in relative synchonicity recently, it may bode well for a short term pop in silver as well.

The only caveat in this scenario is the "chicken and egg" argument in that it's also true that oil has been following the moves in the equity markets.

The question therefore is this....is oil the chicken or the egg? If oil continues to FOLLOW equities it should fall during the holiday buying season as the super bad retail numbers come into play and the market gets shocked again.

Or perhaps it could temporarily DE-COUPLE from equities and trade in it's own little world for a while. Then the question becomes...will silver(which has been trading in tandem with it)rise with oil or will it now also decouple from oil? Both being commodities, I think there may be a "confusion" trade causing some to expect it to rise even though it would be without good reason.

I don't know the answer, but it may be something to watch and take advantage of. And certainly should be kept in mind if silver does indeed begin to rise in tandem with oil, because if it does it could come crashing back down again with oil when holiday driving support fades.

Just a thought...