Replies to post #106526 on Zeev's Turnips Patch-No Politics (ZEEV)

[Public Heel]

But the feds is trying to engineer a series of soft landings bringing back, gradually, various elements of the economy to new equilibrium

Yes. Just because they were irresponsible in the leadup to the bubble does not mean that everything they have done since then is wrong, as some, like Fleck, insist.

Last, if the Euro goes to $1.50, I don't see gold going much more than $500/ounce... I see the Euro once more weakening against the dollar

I'm not sure I understand your concentration on the Dollar/Euro relationship as regards its effect on the POG. If the Euro is losing real value, then the Dollar/Euro can remain constant while the POG rises.






(after a peak in the near future) because their central banks are too "Austrian" and their economic growth might, as a result be

[westpacific]

Derivatives have gone from 72T to 140T and will reach 300T.

Yes a collapse and depression.

[limtex]

ZH - The latest numbers on the German economy are an unmitgated disaster. And that is before the latest hike in the Euro.

What do you think another 30c or so will do to the Germans? And without the Germans Euroland is a dead duck.

Should be intersting watching all those Euroland jobs transferring to China. Still tourims can't be transferred so a fwe trips down the Rhine will always provide something of a living.

Isn't the whole history of the Market a bear market?

L