Zeev,
OK, Sorry I called you a Vulture.
My analysis reveals an extremely important double head and shoulders formation in the S&P 500. This is appropriate considering the length of the trend. If the present formation is the second head, it is below the first head. I see the next shoulder at around 1050. Like you, I am short term negative gold.
Frankly, I know not where the safe haven lies, and perhaps there is none, but longer term, precious metals are a fair bet. Clearly, inflation is not the problem, but global deflation and economic and monetary colapse.
You tell me where to go here, you old (not vulture, perhaps Condor is a better term--longer wingspan)
P.S.--You never answered my question about the "King of Salem"!
Regards,
Jack!! |
