http://www.mineweb.c...e...5&sn=Detail
Some things never change on wall street!!
Got to be time to
Started by
Tor
, Jun 22 2010 03:51 PM
4 replies to this topic
#1
Posted 22 June 2010 - 03:51 PM
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#2
Posted 22 June 2010 - 05:46 PM
This is just the beginning Tor. This bull market will teach you in real time. Do you think anybody is listening to a bullish gold Merrill call? Not a one. When there right, time after time, folks will eventually buy into it. This is a process. When they were bullish on csco and dell and yahoo and cmgi back in the day, they were right for a very very long time. Until they were wrong, then they cleaned everyone out. Theres nobody in yet dude. Gold is virtually a ghost. Does anybody in your family own gold? Do you own it? Any friends touting there gold holdings? Didnt think so. The talk of a gold bubble are greatly exaggerated. How can you have a bubble without devastation of peoples wealth. Can't happen. Who would get crushed? Paulsen? A few gold bugs? Even I who is the firmest of gold bulls would not pay a deadly price if gold was to tank. Can you tell me one historic bubble that only effected a small group of people. If gold tanked now it wouldnt be classified as a bubble. Just another day in the life of gold.
Only the wisest of investors are holding gold, through all the name calling, bubble talk and even Merrill bullish ratings.
If it can be cornered, it will.
#3
Posted 22 June 2010 - 06:01 PM
http://www.mineweb.c...e...5&sn=Detail
Some things never change on wall street!!
Tor:
Your last post here - mused about 250 on HUI - still there?
stubaby
#5
Posted 22 June 2010 - 09:56 PM
GDX vs SPX from top in SPX: +18.51% Delta - WOW!
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Stay the course - Gold looks set to move higher once this counter-trend rally in the broads completes - no real damage done yet
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stubaby
got some muy malo technical deficiencies there amigo
I'm not short, just out., but those charts would make me muy nervous if I was long
BSing away
Senor










