Traders' Roundtable

gold

1) dollar advance

in a slowing economy, what good is gold?

cant eat it
cant wear it
cant exchange it, at your local store

Spectre wrote:gold

1) dollar advance

in a slowing economy, what good is gold?

cant eat it
cant wear it
cant exchange it, at your local store

read Pit Bull and you'll find out where traders put their money into when they feel that "slowing" economy..

the major force that will drive the world markets will be the next presidential election. If the GOP wants to stay in power, they have to inflate the stock market and give us cheap oil, and low interest rates.

Low interest rates might be around the corner, they are already here on the long end. But the short end of the curve will get even lower. The yield curve will steapen.

This will buffett any ARM's readjustments and and cushion the housing market. Initially gold will fall, secondary to impending deflationary pressures fears. But as the FED cuts rates to stimulate economy, GOLD will rise.

In the later stages, gold, oil will rise as the FED stimulates the economy. And the dollar will fall. And another commodity bull leg run will start.

But fears of a slowing economy will hit, the commodity markets early on.

sounds logical to me the only trick for each of us: WHEN it will happen and how you use the opportunity