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'Mad Money' host Cramer predicts stock rally if Scott Brown wins
http://www.washingtonexaminer.com ^
| 01/16/10 6:09 PM EST
| By: David Freddoso
Posted on 01/16/2010 10:38:00 PM PST by Maelstorm
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To: blam; TigerLikesRooster
The lackluster (*cough*) performance of gold in the past couple of days has suggested to me that Brown’s strength here is hurting the chances for health care reform, which means less deficit spending than there would have been, which is less inflationary, which is not as good for gold.
FWIW, but it would dovetail nicely with “profit-taking” as a meaningful drubbing of Cramer’s mob as I noted a few days ago.
21
posted on
01/17/2010 8:07:44 AM PST
by
jiggyboy
(Ten per cent of poll respondents are either lying or insane)
To: jiggyboy
22
posted on
01/17/2010 10:53:44 AM PST
by
blam
To: jiggyboy
Gold is holding pretty much above 1100 for months. Lately, it has been trying to move up. No catastrophic collapse, as some gleefully predicted after it hit $1260(?) Many were predicting gold going down below 1100 and all the way below $1000.
I don't see money supply or debt easing soon. It will stay this way for a long time. So long-term movement of gold would be up. $1200 at the end of this year looks reasonable.
23
posted on
01/17/2010 6:21:45 PM PST
by
TigerLikesRooster
(LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
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