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Captain Swing - Sun, 22 Dec 02 :

Thanks fewbob for



Actually I agree with their bearish take on gold, and especially the unhedged equities -- for the short to medium term. To get perspective I looked at what they had to say about the "British Pound"

Of course, changing political events or if the UK joins the E.U (as expected), could make these levels irrelevant.

With stock markets falling all over the world and a possible world wide financial crisis, the only place to keep one's money safe is in the U.S. Dollar which is practically the only place which has remained strong and improving while other currencies, stocks and commodities have been falling (in spite of weakness in recent months).


MWYWOT!

EDIT: It is evidently one man's view (see the About Us part). But well thought out and well written.


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