Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Terry Whitman who wrote (91498)	11/22/2009 6:20:18 AM
From: GROUND ZERO™	2 Recommendations Read Replies (1) of 94695

The yeller dog appears to be in the final stage of bubbledom- impossible to say where it stops, but time is short IMO. You may be right, but I wouldn't want to be short the gold right now... The chart is pointing to 1300 before any major topping action, and my hunch is that it will likely move much higher than that over time... as we already know, gold reflects the inverse measure of confidence in one's currency, and with all the printing and spending into oblivion there is only one way for gold to go and that's skyward, at least for the time being... So, this may be a bubble if you want to call it that, but this so called bubble will not likely burst until that market reaches high in the triple digits, several thousands of dollars per ounce, at least... that's my two cents... GZ

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