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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (76531)	12/12/2011 2:25:08 PM
From: Maurice Winn	2 Recommendations Respond to of 218160

Gold at $1660 today is not too far from the official sooth point of $1530 for 31 Dec 2011. GLD is moving in sympathy. I hope to buy gold [in the form of GLD] before the end of the year. Note that worshipful platinum is now well below gold whereas it was not long ago [2008] double gold. It is not a sure bet that the relativity will be restored by gold doubling again while platinum quadruples and more. Markets do not wait for denouement to figure out where things are going. Markets move in anticipation. So, the euro woes and geopolitical disharmony in EU are not news. Neither is the level of debt spead around the planet. Markets clear well in advance, leaving only nibbles and a whimper for when the actual moves occur. It's the unknown unknowns which really put the frighteners suddenly on people when they loom out of the murk. The known knowns are far less scary. The gold bugs are all lined up, impatiently waiting for their hard-earned profits to be dropped into their laps as the denouement plays out. Except that those profits are recalcitrant and the gold bugs are not happy to wait 4000 years for gold to again have its day. They want action NOW. Watching GLD decline. Mqurice