Friday, November 24, 2006

CAN THE MARKET MASTERS PULL A LATE DAY GOLD BASH...?

They did it Wednesday...but can they do it again...

And will it make any difference as long as the Bernanke FED remains oblivious to the marcroeconomic plight of the US economy...?

It's going to take a combination of higher rates AND major gold bashing to save the dollar this time...


And even then... there are forces that are acting as a "force of nature" against the dollar nowadays...

Dollar Hubris and the years of Asset Bubbles need to be resolved before the dollar can be restored to a healthy position.

But for now, simply another late day Gold Bash by the market masters might work...

Because the hot money plungers and hedge funds are a timid lot... It doesn't take much to send them scattering in all directions...