Oil and gold are ready for a fierce rally – cyclical bull trend within a secular bear market
Special Correspondent
Jan. 11, 2007

The total capitulation of oil market and base formation in gold market manifests something different that what scared ‘Financial Pundits’ on millions of dollar payroll think. The disconnect is as follows. If economy is healthy as manifested by stock market and dollar, oil cannot go to far down at this moment. Gold also is attracting buying interest as it forms a base around $610 per ounce.

The shrewd interpretation is as follows : gold and oil will rally as dollar retest the low for the last time. It will be a fierce bull rally within the secular bear markets in gold and oil.

How long and how far the rally will go is difficult to say. The same folks, who went crazy buying gold and oil, are totally scared now. They threw the towel out and surrendered. They will start buying gold and oil once dollar softens a little and ignites the rally.

Gold can retest $660 an ounce. Oil can retest the $60 a barrel. The stocks most likely will look south with oil rising rapidly.

Oil and gold are ready for a fierce rally – cyclical bull trend within a secular bear market
Special Correspondent
Gold can retest $660 an ounce. Oil can retest the $60 a barrel. The stocks most likely look south with oil rising rapidly.
READ MORE>>

Stagflation manifesting itself in UK and Euro zone – the effect on dollar, bond, gold and stocks
Special Correspondent
The effect on dollar or other currencies are positive. However, dollar index can rally sharply this year. Gold and commodities especially oil and metals will suffer. The worst effect will be on real estate and stock markets.
READ MORE>>

Gold, metals and oil should rally here for a few days or weeks but the bear market is intact – a confirmation of deflation
Special Correspondent
The gold market can move up smartly now. The Euro can recover some. The oil and natural gas are showing signs of life and can rally nicely.
READ MORE>>

Real estate will rally upwards now – a fast corrective cyclical bull move within a multi-decade secular bear market
Specia Correspondent
The corrective bull market is expected to be fierce and short lived – nine months to a year. After that the deflation effects will take hold and residential real estate will plunge again. The next wave downwards will affect all regions....
READ MORE>>

American stock market bubble reaches India - NYSE picks up 20% stake in NSE
Specia Correspondent
The agreement signed on Wednesday pegs the enterprise value of the country's largest bourse at about 2.5 billion dollars.
READ MORE>>

Are you ready to short General Electric - selling Plastics division and buying oil co. can be worst move when deep recession is coming
Special Correspondent
Have you considered selling GE short ever? What converted this magnificent company into a bad arb?
READ MORE>>

Watch out technology stocks – another bubble just formed ready to burst
Specia Correspondent
Technology stocks will collapse more severally that 2000-2001 cycle. The artificial liquidity created a floating cushion for these stocks. The PE of this group will literally collapse.
READ MORE>>

MORE ARTICLES >>