2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 378.35

+2.7%

4:00 PM EST

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To: carranza2 who wrote (92398)	7/11/2012 1:11:17 PM
From: Cogito Ergo Sum	1 Recommendation Read Replies (3) of 217651

FWIW I've been nibbling at ANLY and AGNC as a USD up hedge and for yield.. not shooting the moon with anything.. gold does look to be in a downtrend for now.. Maybe Rogers has the right idea.. Tuesday, June 19, 2012 Jim Rogers will buy gold at $1100, $1200, $1300 Jim Rogers from Rogers Holdings tells NDTV Profit he is more optimistic about agriculture than other commodities. He is shorting the India markets and notes problems such as government intervention and inflation. Jim states he would buy a lot of gold at $1100, $1200, and $1300. Bottom Line: Jim noted in the interview commodities are in a correction. I believe this will continue with counter trend rallies in between. In terms of gold, I continue to remain bullish however, I have mentally not erased my possible $1100-$1300 downside target in gold. As noted in my blog, Marc Faber, editor of the Gloom Boom and Doom report told Bloomberg gold has bottomed. One great investor I don't like betting against. millionaireby33.com

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