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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Keith Feral who wrote (41913)12/16/2012 7:38:53 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 223348
 
That very well could have been the reason for the odd closing on Friday...

I also still think gold will soar in 2013 provided something legitimate is actually done with the more immediate fears of another possible recession based on not resolving the fecal cliff... it appears that gold has a habit of weakening during and right after a presidential election... take a look at the picture below...If those idiot politicians can get something done, then I think we could see REAL signs of inflation beginning next year...

I had a good lengthy conversation with the head butcher at the supermarket this morning... he told me that beef is going to rise dramatically in price over the next year, the first increase will be next week... he told me what we already know, that corn is being used for fuel at 3X the expense of making gas from crude oil and there's also a crop damage problem, this is going to raise the cost of beef, he said by next summer we wouldn't believe the price...



GZ