tn,
Yes, I read that early this morning, as a friend sent it to me.
Actually, I'm not exactly clear what he is saying about the near term, as I see a couple targets and they are at wild ends of the spectrum.
As for June, I'm thinking about the next gold entry in relation to two major variables. One is of course the end of QE2 and the, "pause" before we get confirmation or detail on QE3. The second is the debt ceiling debate and the games I expect with the Dollar before they do what we know they are going to do.
I see much opportunity over the next 2-4 months.
And, maybe after this PM correction is over, we will see the start of the great phase three of the PM bull. That phase is very simple to play. No shorts, no sales, no margin, hold on until every asshole you know is talking about gold and there are lines in front of you local coin shop on days that, "deliveries" are scheduled to arrive.
We will get very, very rich during this period, but we will also pay $8 bucks or ? for bread.
GT
TH |
