gabe borenstein

Base Metal Companies' Gold Exposure

The key word is the " gold mania".On the one hand investors are being told that the market is ahead of the economy ,on the other hand we are being told that economy will expand and the injected liquidity will contribute to inflation.
It sounds to me as if these opinions are reflective of existing major positions and are not reflective of the fundamentals .
The injected liquidity had stabilized key economic sectors including the financial sectors .
At this time it appears that the "middle"class America is the primary beneficiary of various "economic stability" programs.
It should be noted that this working class had sustained a record liquidity/assets decimation.
As the economic momentum accelerates in the period ahead contributing to a dynamic employment expansion by 2010, the Americans will be spending predominantly on the necessities and will be attempting to restore a degree of liquidity.
The global slack on the supply side is almost at the record.
The potential for inflation as indicated by the gold prices,is not a reality..
The economic notions will have to be updated in this particular economic cycle .