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


To: TobagoJack who wrote (93893)8/26/2012 10:09:26 PM
From: bart131 Recommendation  Read Replies (2) | Respond to of 219431
 
iow a replay of the late 70s' gold correction from 191 back down to sub-100...

The chances of that occurring now are much lower than they were just a few months ago. It's looking a lot more like early 1976 to me currently, given that my work shows that velocity, total credit and M3 have bottomed but have not been recognized.

That doesn't mean that we won't see a fast spike down even below $1500 to shake out weak hands, just that $1000 or even $1300 is *much* likely than I thought early this year.



To: TobagoJack who wrote (93893)8/26/2012 11:15:31 PM
From: Nixpix  Read Replies (1) | Respond to of 219431
 
We are very close to the lift off of gold. Whether it is now or 6 months from now. Hard to believe that many still do not realize the importance of owning it. Many will not survive what is coming.