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

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To: Maurice Winn who wrote (78021)9/26/2011 3:00:01 AM
From: Maurice Winn1 Recommendation  Read Replies (1) of 217869
 
Mq it looks as though your 31 December 2011 soothsaying for gold of $1530 will be not too far off the mark. Right now, gold has plunged again down to $1550 and touched $1532. Since that $1530 is a smoothed figure but nevertheless a bullseye prediction, that implies that gold must fall BELOW $1530 for a while since $1800 was so far above.

Without doing some graphs and calculating the areas under them, it looks as though gold is going to have to get to $1500 at most. But it would have to stay pretty well at that level until 31 December to smooth the graph the right amount. So perhaps it's going to take a plunge right down to $1400 or even $1300.

You should be able to load up your little Tonka Truck with heaps of gold pretty soon. Having waited a decade, it must be quite fun to be finally going to buy gold. Hopefully TJ leaves enough.

Mqurice
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