hi maurice, <<Your acolytes could easily have missed your transition to gold bear>>
the gold selldown is expected worldmarket.blogspot.com , as i gave it a wide trading band on year-end blog
" Well, gold could move 34% either way, very possibly ramp through USD 1,100 at some juncture, and, perhaps less helpfully, crater down through USD 550 price point at some point. Our job, simply define is to be agile enough to capture the gain and avoid the loss. That is all there is to 2008. Not exactly productive, could be rewarding, fun in a way. This is what the central bankers have reduced us to, scurrying critters moving to and from gold.
The progression of gold will be accompanied by confusing noise, a lot of it, pertaining to nothing truly important, just Yen exchange rate (will net net do phuck all, but may take the world to woodshed at Yen 85 before coughing up the usual vomit of Yen 120), oil pricing (ramp to 120, and then crater to 75 and possibly below), GDP direction (recession), and whether the Empire will be blessed with leadership by Hillary Clinton (yes, or blessed with somebody worse still, for that is the sort the spendthrift and bankrupting electorates will gravitate to, for false salvation), the star commodities trader. "
... what i did between Dec 31st and now is no secret
Message 24220545
Message 24217555
Message 24217418
Message 24216177
Message 24214513
Message 24213761
Message 24203532
Message 24202865
Message 24198582
Message 24191927
Message 24181399
Message 24181298
Message 24172867
Message 24165830
and what i intend to do going forward is just so Message 24230872 , per plan in alignment with the Force as indicated in 2001.
yes, you may wish to chant, bow, and hand me a post that says, "tobagojack, great master, true unreal warrior, lord of the arena, brilliantly played, brilliantly choregraphed, and brilliantly presented" when the time is right.
chugs, tj
p.s.
<<My understanding is that as gold goes down, it is [in your opinion] an excellent chance to load up lots at bargain prices ready for continued transition to warp speed financial relativity theory hyperdrive for time travel at the monetary speed of light around and finally into the event horizon where the action gets fast and furious, Newtonian financial physics breaks down into singularity action, primevil quarkian dissolution and the hills to which people headed are mushed along with everything else while the eternal verities of Virtuous Victorian Values are once again shown to be a spiffing good way to play the game>>
... well, yes, in a manner of speaking
In the mean nasty time, as I say often enough, the market takes as its job to ruin the greatest number folks in the most horrible way at the least convenient time. |
