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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.94+0.2%Nov 19 4:00 PM EST

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To: TobagoJack who wrote (50240)5/21/2009 5:39:54 PM
From: Taikun  Read Replies (4) of 217882
 
TJ

Not sure if you follow Caracommunity but someone sent me an email, questioning my flavor of faith. Bill Cara calling for a final rally in gold/silver in his post on 5/19

Do you concur? If so, then do we need to be in highly liquid gold/silver, eg shares

In the immediate future, I believe there will be a final rally in gold and silver, probably starting this week, reaching quickly into the $980-1000 level, silver possibly to $17, and oil to $65, based on a falling $USD, which I think will fall to just under 80 over the next several weeks or months. I do not believe the S&P 500 will rally past 950 or the DJIA past 9100 in this short-term cycle. This final action over the next couple weeks is probably a good time to sell into strength as prices come to you.
caracommunity.com
-D
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