James Bay Lowlands & Bob Lake Saskatchewan

Yes, a BIG HIT and only more big hits are coming

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Message: Re: Looking At A 6 Month Weekly Logarithmic Chart for...Rundle
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Jan 28, 2008 04:35PM

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Gold will not go down because of a recession or a bear market for general markets. Gold will be the inverse of the US dollar. The FED has shown they do not care what happens to the dollar, thus higher gold prices. Also, gold is becoming another currency and a safe haven for inflation cares. Silver tends to follow gold but many think it will outperform gold in the next couple of years. Nickel and copper could go with the markets, but again many think China, India, and Japan will more than make up for slack from the west.

I am bearish on the US economy but very bullish for precious metals and commodities.

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