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Non-Tech : The Woodshed

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To: SwampDogg who wrote (56832)1/24/2018 8:06:14 PM
From: benwood  Read Replies (1) of 60918
 
Well... I could certainly live with that. I think the resistance is the general market, as it seems to be really revved at the moment. 1600 seems a bit of a stretch. I don't want to bail early, that's for certain.

I think the dollar will bounce soon, but not for very long, maybe just long enough to take a bit of steam out of the general market. And I think the dollar has definitely entered a looong bear market phase, the one I think will push gold way up there. Way way way way up there. But it will take a while to unfold, maybe two or three years before it goes absolutely crazy? The blowoff phase ala 1979-80 is going to be one for the ages.

Gold be on the lips of a lot of people looking for salvation after their losses in Bitcoin. Gold is on nobody's lips right now, nor silver.
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