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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Live2Sail who wrote (159006)10/22/2008 12:33:58 PM
From: orkriousRespond to of 306849
 
good point. I don't know. And shame on me, too.



To: Live2Sail who wrote (159006)10/22/2008 12:54:14 PM
From: rotweilRead Replies (1) | Respond to of 306849
 
I believe he said GOLD was good insurance for a system failure not gold shares. Gold shares need a functioning system



To: Live2Sail who wrote (159006)10/22/2008 12:59:36 PM
From: Jim McMannisRespond to of 306849
 
RE:"To repeat, unless gold absolutely implodes to around $500, these gold stocks will literally crash to the upside"

Gold stocks are predicting the POG is too high but I wouldn't call $500 an implosion. Technically the POG is a few bucks above breaking support. Should it do that it might just shimmy on down some more.
At any rate, the gold stock/POG market is at a critical juncture.



To: Live2Sail who wrote (159006)10/22/2008 1:07:33 PM
From: bull_dozerRespond to of 306849
 
"You can lose 10% of your net worth every day for the rest of your life and never get to zero. I'm starting to get used to it."

Message 25095061