AND THE INEVITABLE BEAT GOES ON...
BUY GOLD ON WEAKNESS...IF YOU CAN'T OR WON'T PLAY THE FOREX MARKET ON THE EURO...IT'S REALLY THE SAME PLAY LONGER TERM... AND GOLD MAY EVEN BE THE BETTER PLAY IF THE EURO STARTS TO DECLINE WITH OTHER PAPER ASSETS...
THESE LAST FEW WEEKS HAVE REALLY BEEN ALL ABOUT SAVING THE PAPER ASSET ECONOMY...FROM THE COMMODITIES BASED VIEW OF THE ECONOMY.
THE ONLY WAY PAPER BEATS REAL ASSETS IS IF THE CENTRAL BANKS START TO RAISE RATES TO MAKE MONEY SCARCE...AND THUS "INCREASE" IT'S VALUE...
AND NO! FLOODING THE MARKETS WITH MORE "LIQUIDITY"---ALA BERNANKE AND HIS ADVISERS IN THE HEDGIE COMMUNITY.... IS NOT EXACTLY THE WAY TO ACCOMPLISH THAT.... IS IT...?
P.S. REMEMBER WHEN 140 ON THE EURO SEEMS OUTRAGEOUS...? REMEMBER WHEN 130 ON THE EURO WAS TOTAL GLOOM...? WELL NOE START THINKING 150....!
THIS IS 1968 TO 1971 REDUX!! DEAL WITH IT...!
