pg,
Consumed my mystical 23 year old peyote today and I got my market vision. This peyote never fails, and I only use it when there is no direction and I've resorted to flipping coins and sacrificing animals*
The vision told me that they will inflate the market far beyond what even the bulls expect, for the Euro and the Clownbuck will both be seen as weak. And the only true path was gold and miners.
So, the course is now set. I will employ my 2/1 miner strategy, which is very simple and has worked extremely well in the past. I buy two units of miners and sell one basically every day or two as we get a move up. And then hope to buy it back on weakness. Weakness you can almost plan for, as gold and miners have enemies. We must use this energy from our enemies for our gain.
I will not short or long bonds. I will not short the market at current levels. I will consider a short in the future if we do get some ridiculous rally to new highs, just as I will consider buying the market if we get a bear move to below what I believe is fair value (way lower than where we are today).
If gold does break down, I will just hold the miners (unleveraged...and this is key) and add to the physical. In short, I don't care what happens. Miners up, I sell, Miners and gold down, I add. Reason, gold is going much, much higher next year. $1550 by the end of 2011.
The peyote has spoken and who I am to question?
GT
TH
*TH only sacrifices GUND brand stuffed animals. Now, I mean Now TH only sacrifices GUND brand stuff animals. |
