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Politics : Technical Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Robov who wrote (13955)	12/31/2013 1:11:26 PM
From: The1Stockman	Respond to of 14245

I highly agree with your assessment Rob. At some point TPTB will reverse this process and start taking on the long-side, they will go where the money is, as it starts coming out of the BIG-3 and is moved into some of the beaten down sectors, unless of course World Events take priority in one direction or the other ahead of time, I would bet in an UPWARDS direction in that case and at this point. Gold has now become a very undervalued relative to fiat currencies such as the US dollar or the Euro for the sake of an argument, ... which is the "increased quantity of the dollar-denominated in debt all around the world". There is a growing case to suggest that gold should be significantly higher in corrected terms today, ... Instead it stands at a discount with a loss of over 36%, ... depending on the time-frame you use. This undervaluation is likely to lead to two important quick changes, or consequences if you wish, ... the first being, when the tide for gold turns it should do so very quickly and very strongly, ... with very strong gain potential in a very short time. The second consequence is the speed with which fiat currencies could lose their purchasing power might be considerably more rapid than, say, the collapse of the German mark back in the 20s and 30s. The reason this may be so is that once the slide in confidence commences, there is little to slow its pace, and unlike the 20s and 30s, people are much more involved monetarily and also civilly. World Governments cant afford to continue devaluing Gold Prices, ... they are after all the "INSURANCE" of Money itself! ... you'd only be shooting yourself dead in the long-run. Just venting!