Richard,
interesting,
my cycles indicate he will be dead on. I have bonds up into year end as well as a brand new bull {stocks} starting up then. Gold is acting just as the S&P did in 1982, beginning a new bull that is always famous for shaking people out as it starts and stumbles. It reminds me of the traders that literally hated the S&P practically all the way up. The one thing i really really like about the potential for this gold move is the obvious work the fed has been doing over the years to keep this piece of crap under wraps. Without a doubt, it will fly in their faces. i hope to be very naive all the way up as I am tired of taking chump change out of the markets as Hutch does if he does at all, he reminds of a hedger that takes orders from the top at Barrick. What a bunch of morrons they are, instead of working on a counter movement,eg. getting the miners unified, they shit on gold and the industry trying to pick up mines on the cheap and now it would seem they are going to be just another sub par Canadian piece of garbage, just like the morronic politicians. Cripes, children could do better in office.
The global economic voids are just about filled now and if Frank V. is any good, all technical surprises will be to the upside. I find it quite pathetic how long these so called whizzes have been sitting on their hands waiting for the big gold bull to arrive. What is it? two years now. Either these guys are just plain no good or the fed is going to be very very red faced in response to the coming move. i have a funny feeling AG is going to go down very poorly in history. The Hutches of the world seem to be very impressed with him. Me, i am impressed with mother nature.
paul |
