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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (162578)6/4/2009 8:47:48 AM
From: Veteran98  Read Replies (1) | Respond to of 313092
 
"So do we position now or respond later? Hard to know."

Tough question imo... I am of the belief that the big move in gold is still to come and that gold and gold stocks are about to go parabolic and that at one point in the future they powers that be will lose their ability to to put a lid on gold and gold stocks and that gold will head straight through $US1000 and not look back. I think we are getting real close to that point in time. But then again I thought that last year as well and look what happened. With all the money that's being printed I think the market is being inflated artificially and it will drop hard again at some point in the future taking gold stocks down as well. At that point I think it will be where gold makes it's ultimate higher. Am I being paranoid ?? I definitely am but I sure don't want to lose 50% of my portfolio again either but my greedy nature doesn't want to miss out on the big moves that I am sure are coming and want to be positioned when it happens... Over the years I've learned that nothing is a sure thing and a market like this is enough to shake anyone's confidence........