SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 687.85-0.4%Dec 29 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
GROUND ZERO™
Ms. Baby Boomer
To: GROUND ZERO™ who wrote (67053)12/25/2014 8:08:51 PM
From: bull_dozer2 Recommendations  Read Replies (2) of 220835
 
Gold For Closing 2014

Well despite all the hate mail, accusations, threats, and bad-mouthing not to mention the silent-treatment, gold continues to reflect the real deflationary trend that has engulfed the entire world. The metals promoters keep trying to ignore reality causing many to lose their life-savings. They remain ignorant of the fact that the dollar has become the world currency by default and hence a mere increase in money supply does not transform into inflation when the demand is global. They continue to cling to old theories that no longer work while ignoring the fact that the markets have proven them wrong as they continue to try to blame anyone but themselves.

...
...
...


We achieved the “pop” in gold but there remains little follow-through. Gold is fading into the distant memories of so many investors that its luster is nearly gone outside the diehard believers. A year-end closing below 1227 will signal we will see new lows next year. A year-end closing BELOW 1155 will guarantee that drop below $1,000 is coming. The main support next year lies well below the market between $778-$618. We will provide an update to the metals report after the year-end closing.

armstrongeconomics.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext