The Swamp Message Board - Msg: 24930463

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Swamp

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: re3 who wrote (356)	9/9/2008 7:25:15 PM
From: SwampDogg	1 Recommendation of 491

It is in the same ballpark that it was in when the gold bull market started. The ratio should rise from here whether it is with a recovery in the stocks or whether gold falls more than the stocks from this point on. There is some technical damage here that needs to be corrected in the next few days. If it is not then we are unfortunately probably headed for a deflationary collapse a la 1930-32. IMO the Fed will try to avert this. Watch silver for direction...if it turns in the next day or so we have a major low and we will start a hyperinflation. If it does not than the whole market may cave 1000s of points in short order. I always saw this as a potential but one of very low probability. Gold at new low...support at $765, $750, $740, $730. I would not mind seeing silver @ $10ish and gold around $750 in the morning.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next