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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: gold$10k who wrote (45016)6/25/2013 10:10:31 PM
From: SwampDogg1 Recommendation

Recommended By
Veteran98

  Read Replies (1) | Respond to of 48092
 
whatever is going on it is for a reason
things are not as they appear that is for certain
sheep given up the golden goose
for every action there is a reaction and this is being pushed down to explode



To: gold$10k who wrote (45016)6/25/2013 10:47:39 PM
From: rubbersoul  Respond to of 48092
 
We are below his max risk numbers now.



To: gold$10k who wrote (45016)6/25/2013 11:12:38 PM
From: benwood1 Recommendation

Recommended By
el_gaviero

  Read Replies (1) | Respond to of 48092
 
For perspective, he also thought the April lows would hold; that the 'red line' will be exceeded, backtested, and then the biggest rally will come after (not a drop to the other lower band); that RE will skyrocket. I have no idea what the driver for any of this could be. I do read his forum but don't bug them with silly questions like that, but the only scenario I can see which would emerge which could possibly do this would be high/hyper inflation. I know there's a boatload of bank assets that could flood the market, maybe that's what he thinks. Or it's just the charts talking. I have trouble grasping e.g. housing going up dramatically when wages are flat and un/underemployment very high. Anyway, if I mischaracterized, my bad, but I think I've got the gist of his working thesis these past few weeks.

Anyway, I hope he's right about the mining industry, seems perverse for countries debasing like crazy but mining companies laying off in droves. But that *is* what malinvestment causes, distortions which are hard to predict.



To: gold$10k who wrote (45016)6/26/2013 12:18:07 PM
From: Zincman  Read Replies (1) | Respond to of 48092
 
<<BElow those numbers we reassess>>

I do not read this as super bully. He's trying to figure AU out just like the rest of us... this could go either way.

5000 gold is a great call..but w/o a timeframe, it's moot. 5000 in 2055?

This is a tough bidness