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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: nspolar who wrote (10811)12/5/2008 7:51:31 AM
From: Little Joe  Respond to of 33421
 
"Stealth Accumulation Process" I like the term sounds like a congressional bill.

Little joe



To: nspolar who wrote (10811)12/5/2008 9:18:21 AM
From: Hawkmoon  Read Replies (1) | Respond to of 33421
 
Falcon..

Currently driving cross country and listening to a lot of talk radio on the way.. Have been hearing commercial after commercial by gold coin sellers offering coins at 1% over their cost..

I have generally used such adds as indicators of where gold is going.. If they are selling, gold is down. If they are offering to buy up your used gold, it's going up..

Not very scientific, but often a useful indicator... So we'll see if gold is going to fall, as those adds suggest.

I think there will be a time where gold shines, but it will come when we see interest rates on the 10 year so far down that it will be obvious to all that the only way out is spooling up the printing presses and engaging in massive deficit "pump priming".

Hawk