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

To: orkrious who wrote (48167)	4/3/2013 6:31:39 AM
From: GROUND ZERO™	Respond to of 222017

Actually, I do have downside VPs for gold, but I'm no longer posting that info on the open thread... contact me via PM if you want to know why... also, via PM I can tell you how to get that info... I will post the confirmed buy and sell signals at least two days after the fact due to reasons I can tell you via PM... I had a main model sell signal for gold on Monday's close with a close below 1601.80, it closed at 1600.90 that day, so the sell signal was confirmed... GZ

To: orkrious who wrote (48167)	4/3/2013 6:58:52 AM
From: GROUND ZERO™	1 Recommendation Respond to of 222017

Regarding gold, here's a link to an ad that presents reason why gold will go back down to $750.00... I personally find it hard to believe, but the guy presents his logic... I thought it was interesting reading no matter what we personally think... While I think $750.00 is probably out of the question, I do think we're still very much in a deflationary cycle, this is supported by falling commodity prices and the CRB Index as well as the rising U.S. Dollar... also, it turns out that most all of the inflationary money the FED has been printing has not gone into the economy, it has gone instead to the banks to pay off their toxic debt obligations... Anyhow, here's an excerpt of that ad which I believe touches on the facts: The reason? A debt implosion that sends credit falling in on itself, and a corresponding spike in the U.S. dollar. This would likely happen in 2013 as the euro zone finally gives up the ghost and the U.S. recognizes the extent of the continued housing debacle. What this means for gold bugs is continued frustration at the lack of respect the barbaric relic receives. For gold-haters it means continuing to deal with invitations to attend “sell your gold” parties… and enduring the ads on TV that show how gold owners have out-earned equity markets by many times over in the last decade. Our call? In the next few months we’ll see gold up. By next year, we’ll see gold down… to $750. As far as your physical gold goes, the gold that sits in storage for no purpose other than to provide you with peace of mind, that’s for you to do with what you will. The time has come to sell gold, not buy gold, particularly in your speculative. When we see gold falling, on its way to gold $750, it will be lucrative to go short the precious metal. When gold hits one of two levels, you’ll know it’s time. survive-prosper.com GZ