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<p>[QUOTE="dreamer94, post: 316222, member: 6449"]I thought the CT members would be interested in a couple of predictions made outside of the group that have a bearing on our interests:</p><p><br /></p><p>This is from <a href="http://www.caglepost.com/column.aspx?c=ac744920-17da-42bd-8157-d4f09eb8c974" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.caglepost.com/column.aspx?c=ac744920-17da-42bd-8157-d4f09eb8c974" rel="nofollow">The Cagle Post.</a></p><p><br /></p><p>3. Oil prices will moderate in 2008. When we say moderate, we mean 60 to 70 dollars a barrel in the late winter and spring of 2008. We expect that if a recession doesn’t show up and global growth continues, <span style="color: Blue">oil and gold will both head higher in the fall of 2008. If Hillary Clinton is somehow elected, expect the gold market in particular to enter a new supercharged bull phase. This will be a repeat of the bull market in gold that came after the inauguration of Bill Clinton in 1993 and didn’t stop until Newt Gingrich was elected Speaker of the House of Representatives on January 4, 1995.</span></p><p><br /></p><p>4. <span style="color: Blue">The dollar will go up in value in 2008. </span>With the economy remaining strong, the Federal Reserve will once again begin to focus on fighting inflation in 2008. When the Fed changes direction and starts to raise interest rates then we will see the start of a new bull market for the greenback. The dollar still has happy days ahead. But longer term inflation will win the battle and return.</p><p><br /></p><p>I supposed these have as much credibility as any fortune-telling.[/QUOTE]</p><p><br /></p>
[QUOTE="dreamer94, post: 316222, member: 6449"]I thought the CT members would be interested in a couple of predictions made outside of the group that have a bearing on our interests: This is from [URL="http://www.caglepost.com/column.aspx?c=ac744920-17da-42bd-8157-d4f09eb8c974"]The Cagle Post.[/URL] 3. Oil prices will moderate in 2008. When we say moderate, we mean 60 to 70 dollars a barrel in the late winter and spring of 2008. We expect that if a recession doesn’t show up and global growth continues, [COLOR=Blue]oil and gold will both head higher in the fall of 2008. If Hillary Clinton is somehow elected, expect the gold market in particular to enter a new supercharged bull phase. This will be a repeat of the bull market in gold that came after the inauguration of Bill Clinton in 1993 and didn’t stop until Newt Gingrich was elected Speaker of the House of Representatives on January 4, 1995.[/COLOR] 4. [COLOR=Blue]The dollar will go up in value in 2008. [/COLOR]With the economy remaining strong, the Federal Reserve will once again begin to focus on fighting inflation in 2008. When the Fed changes direction and starts to raise interest rates then we will see the start of a new bull market for the greenback. The dollar still has happy days ahead. But longer term inflation will win the battle and return. I supposed these have as much credibility as any fortune-telling.[/QUOTE]
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