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Reply #1: Ahh. But you won't "abandon" the canard that EVERY piece of news... [View All]

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Frodo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-14-04 09:01 PM
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1. Ahh. But you won't "abandon" the canard that EVERY piece of news...
Edited on Wed Jan-14-04 09:02 PM by Frodo
...good, bad, or indifferent ... is evidence that the dollar is about to plunge to zero value.

I remind you that you have essentially two weeks on your prediction:
In the month of Jan we will see 900 dollars per ounce gold. We will see global interest rates, including those in the US, shoot upwards on a trend that will shock most people. We will see huge increases in the costs of real goods such as food and gas and electricity.


Since that prediction, gold is down about 1%, the dollar isn't looking so bad, interest rates are back down into the "refinancing" range (mortgage applications back up 25%) and inflation is still nowhere to be found (perhaps tomorrow's CPI?).

I would very much like your super bowl predictions. I intend to bet the other way.

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