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Pastimes : The Philosophical Porch

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To: Paxb2u who wrote (5601)	4/17/2010 8:32:11 AM
From: Rarebird	Read Replies (2) of 26251

My forecast remains the same. The Dollar is the true safe haven and is headed to 120-124 by 2014. Gold is headed lower with the rest of the equity market in late August when the next leg down in the secular bear begins. There is a time and place for most things. But this is not the time to be buying Gold or mining stocks. I'm content to sit tight and accumulate dollar denominated assets on weakness. I'll likely get very aggressive on the short side come late August. Mid-May should be an interesting trade; but that's a month away. PS I chose Truth (unconcealedness) over Peace - though I do have a very peaceful calm side.

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