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Pastimes : The Philosophical Porch -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (5688)	5/14/2010 6:16:54 PM
From: Rarebird	Respond to of 26251

I've been bullish on Gold for the past 6 weeks: April 5th: "I expect that GOLD will slowly rise into August. After that, it's all downhill." Message 26437255 Yes, I've had my bearish moments in regard to gold and profited from them. April 12: Gold: "GOLD continues to follow last weeks forecast and is moving higher into late August." Message 26454325 My position in regard to Gold is quite clear come late August: "GOLD is headed lower with the rest of the equity market in late August when the next leg down in the secular bear begins." Message 26468498 April 28: "It's bullish that GOLD can rally alongside its nemesis, the US Dollar." Message 26494440 When the sh*t really starts to hit the fan (and that day is coming much sooner than most people think), the USD will initially become the safe haven over Gold. But after Gold sells off dramatically (50%), it will reassert itself and move to new all time highs.