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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (35676)6/12/2008 10:22:34 AM
From: Roebear  Respond to of 217571
 
Jay,
In general agreement for now. I have continued strong in physical (besides sale of less than 1% to test waters near the high), but weak in PM stocks, as my own position. I believe seasonality and US election climatology tend toward a weak PM sector for most of summer. Perhaps into election. Could have a PM price swoon like mid 70's to shake the tree hard. Not as long a duration I don't think. Just my SWAG, but have to go with my own thinking until I change my mind.

Best,
Roebear



To: TobagoJack who wrote (35676)6/12/2008 11:26:37 AM
From: blazenzim  Read Replies (1) | Respond to of 217571
 
nice to read Heinz again. He's a smart dude but his obsession with gold is strange. I prefer my approach of coining money in the market and buying zero cost basis physical gold purely for fondling enjoyment.

Since gold can't go below zero, I'll never lose money.

LOL!!!



To: TobagoJack who wrote (35676)6/12/2008 5:48:56 PM
From: carranza2  Respond to of 217571
 
Agree with your no capitals friend. I think gold may go to 820 - 825. Jesse has charted it as well. See:

bp0.blogger.com

But take a longer look at the bottom chart, see what happens after the mini-correction.

Will it happen again?

Somebody tell me why a further rise after the correction is unlikely.

I think mr. no caps is taking too short a view of things.