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

GLD 366.51

+1.2%

Nov 5 4:00 PM EST

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To: carranza2 who wrote (99998)	4/16/2013 4:02:28 PM
From: Maurice Winn	4 Recommendations Read Replies (4) of 217549

Official gold price prediction. At first it looked as though the fall in the price of gold might be market modeling dueling computers doing a "flash crash" market liquidity investigation. But the dead cat bounce and fade shows that's not the case and that this is the real thing. Gold bugs will be thrilled at the low price and will buy. But they will run out of money before the gold supplies run out. There won't be any greater fools to drive the price back up. Hordes of gold bugs were not seeking redemption in the very long run after a Black Scholes financial relativity theory hyperinflationary implosion beyond the event horizon, but were actually looking for old-fashioned bubble short term speculative profits. Genuine gold holders will be happy to see the price down so far as they will be able to buy some more and in the meantime enjoy years more economic peace as global markets remain stable while political processes blunder around and dilutionary central bank quantitative easing at zirp continues apace. Gold bugs should be glad to avoid the thing they are preparing for. They still have their gold, which is what they wanted. Gold does not earn anything so they should be as happy now as before the crash. But they are probably disappointed that their planned paper gains have failed. I am not planning on buying any of TJ's Oz output in a couple of days. More likely, he will buy some of my Globalstar services for communications in the outback and a swanky HTC One mobile Cyberspace CDMA/OFDM/wifi deVice for Hong Kong. Mqurice

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