Kreskin! LMAO. We used to call each other that in high school back in the day. Haven't heard it in a while. Uri Geller and his spoon-bending silliness was popular at the time too.
I was just making a joke guys. Perhaps poking a stick at the whole planetary alignment voodoo stuff as well. I'm not a big believer.
Nov 07 was misinterpreted. Perhaps I should have written, "Nov 7th, 2006".
Silly stuff aside, I do believe that the US government has many, many friends in high places that have been spinning the numbers. Once the election is done, gold should "normalize" again and soar well above $600/oz.
The powers that be are fluffing up the DOW (how can it be at an all-time high with layoffs galore, housing bubble wobbling, uncontrollable debt, insane levels of outsourcing, vrey high raw material prices?), they are depressing the price of a litre of gas (it is lower right now that it was a few months ago when oil was also at $60/bbl) and they are putting out unbelievable inflation & growth numbers.
The powers that be are doing their very best to make the most paranoid president in US history look as good as possible. At least, that is my opinion.
So Condor, thanks for the giggle. My "date" is Nov 08. Perhaps the best possible precious metals buying opportunity will come in the first week of November, unless we just saw it 2 weeks ago. I did buy more Novagold, more Etruscan, more Terra Energy and more Bulldog Resources. Still have plenty of cash in case of a PM manipulated melt-down prior to 11/07/06.
Cheers, S&P |