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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (527)1/21/2014 12:14:10 PM
From: Trader772 Recommendations

Recommended By
brehm233
Kirk ©

  Read Replies (2) | Respond to of 26800
 
I think it's going to be dead money for quite some time. Parabolic blow-off in 2011, crash in 2013, now it just treads water for a long time till no one cares about it anymore. Then starts moving higher again. My best guess at this point. Watching my long term bands slowly converge.




To: Kirk © who wrote (527)1/21/2014 12:21:27 PM
From: rdkflorida21 Recommendation

Recommended By
Kirk ©

  Read Replies (2) | Respond to of 26800
 
I've been surfing some sites that have made claims of 30-1 paper claims for every ounce of gold. If this is true there is going to be a huge run on gold. I would want to hold the metal itself. Not sure if it was on this site, but someone has mentioned a big Euro buyer for the metal for delivery. Miners have shown some improvement. NUGT is up quite a bit off of the $24.14 low hit a little while back. Bottom line is gold should trend up. Harry Dent's comment that it is going to $250 is way out of line. RDK.