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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: dara who wrote (60012)7/30/2020 1:25:19 PM
From: benwood2 Recommendations

Recommended By
Anchan
Rollocaster

  Read Replies (1) | Respond to of 60926
 
Early for me to put much thought into this, but I'm looking at ~1750 gold, maybe ~18 silver, and 2750 on the S&P, maybe 2608, for possible bottoms.

I'd add before then no doubt. I'm just going to try to keep from getting too cute, the next move up in gold and then silver will be even bigger. I'll add to the general market esp tech and biotech after a correction has run awhile. Seriously, in spite of money pumping many companies are hurting pretty bad still and valuations are as high as last March before the SHTF.

Gold move was strong enough that a bounce may begin next week and perhaps even hit 2k after all. That would make the banksters happy because they'd draw in the dumb money on the apparent "all clear" and then hammer the futures and get the real correction going.



To: dara who wrote (60012)8/11/2020 4:47:42 PM
From: benwood4 Recommendations

Recommended By
El Ringo
ggersh
Rollocaster
Wade

  Read Replies (1) | Respond to of 60926
 
Gold went higher than I thought it would this leg, and silver had a helluva push in the last week or ten days. I'm thinking the time to buy will be late Sept or more likely into Oct.

Prob gold and miners first, then silver later, same as last time and opposite of how gold faded first and silver kept going, until a day or two ago anyway.

I think a parabola of that magnitude will take a while to work off.

But hardly anybody was talking about it, except for veterans. Next time near the final zenith, I think you will hear about it from the amazon delivery guy, the pizza guy, the barking, nervous chihuahua next door.