Replies to post #84746 on Zeev's Turnips Patch-No Politics (ZEEV)

[mish]

Zeev do you have a take on the PPT?
It seem to be debated furiously here with aj thinking it does not happen much and others thinking it happens almost daily.

How often do you think they step in?
Was Friday morning such an occasion?
Can you post when you do think they stepped in so we know what to watch for?

Thanks

M

[Sherlock356]

Very well Zeev..that makes sense...thank you.

[Babylon]

Zeev, do you think gold is in a secular bull for at least the next 5-15 years (a slow grind higher)? Once the decline in the dollar is perceived to be complete and possibly reverses (probably at least a year or two away for any sustainable reversal), is it your expectation that gold will decline correctively...or be in a basing process with dollar strength, or would a dollar reversal resume another secular bear for gold? I know NEM is just a trade but curious of your thoughts a few years out. TIA