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

To: orkrious who wrote (255201)6/18/2010 8:50:50 AM
From: DebtBombRead Replies (1) | Respond to of 306849
 
It's about protecting your wealth as fiat currencies blow to hell....thanks to fed bubbles.
There isn't enough money in the world to pay off these debts.
Elites are cashing out of clownbucks and euros for gold.
The Dow is now down what? 80% in gold since 2000?
The bailout bubble is bursting.
The fed is effectively bankrupt and gold is sniffing it.
Gold new highs = euro new lows coming, IMO.
Gold new highs = no confidence in the fed or their paper crap.
Celente sees euro 86, and Jimmy doesn't think it will survive.
Celente said the eurozone will bust apart....and it will all spread here.



To: orkrious who wrote (255201)6/18/2010 9:48:50 AM
From: patron_anejo_por_favorRead Replies (4) | Respond to of 306849
 
It bothers me just a bit that the HUI and XAU aren't confirming, but the day is young.



To: orkrious who wrote (255201)6/18/2010 11:06:57 AM
From: bentwayRespond to of 306849
 
I'm not a gold bug Ork, but I'm all in GLD. Seems to be working just fine as a parking place, with a 5% stop, I've got no worries. If the predicted collapse occurs, I'm safe, if not, I'm still ahead.

Very uncertain times..


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