2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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

GLD 368.29

+0.6%

Nov 7 4:00 PM EST

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To: Robin Plunder who wrote (96780)	11/29/2012 12:00:46 AM
From: Hawkmoon	Read Replies (1) of 217593

Interesting that Ron Rosen is seeing some of the same stuff I'm seeing.. Posted this last night: Message 28571690 And I think his comment that the market may trend higher for the next 30 days seems possible.. But hit that upper Bollinger Band line on that quarterly chart and we're likely to see major consolidation, if not potential return to the lower BB arm.. But normally seems unusual that a market collapse would result in a major move in PMs. But if Grahmn Summers is correct, and the shadow banking system is depending on backstopping their unregulated credit and derivatives with Sovereign Debt "collateral" (like debt should ever be considered as collateral), any chain of defaults may lead to a default back to PMs as the only valid collateral. It's the most valid argument I've yet seen for being in PMs. Hawk

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