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Deflation: The Baby is Born


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#1 stocks

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Posted 23 July 2012 - 09:22 AM

Gold tells the story - lower and lower

First an anemic bounce off the May IT low and then gold traces out a triangle.
Now we are entering the downside of the IT cycle


Gold plunging through $1520 means a deflationary crash in all markets and the economy.
I'll be buying more physical at lower prices.
-- -
Defenders of the status quo are always stronger than reformers seeking change, 
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
 

#2 dougie

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Posted 23 July 2012 - 11:23 AM

IS that headline yours? when did gold plunge through 1520?

#3 senorBS

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Posted 23 July 2012 - 12:47 PM

Gold tells the story - lower and lower

First an anemic bounce off the May IT low and then gold traces out a triangle.
Now we are entering the downside of the IT cycle


Gold plunging through $1520 means a deflationary crash in all markets and the economy.
I'll be buying more physical at lower prices.



Whoever's headline that is really reveals the lack of any thought or even a cursory check of the FACTS. Gold registered a print low last December at 1537, then another print low at 1529 in May, and a series of higher lows since then. So how in the hell can anyone say "lower and lower" about Gold? Amazing the junk (I'm being nice) that gets posted on the Internet

NO BS

Senor

#4 fluid

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Posted 23 July 2012 - 02:24 PM

Senor, what I believe he is saying is that deflation is on the horizon and he expects gold to break down below 1520 level, which will confirm the view.

#5 stocks

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Posted 24 July 2012 - 02:31 PM

IS that headline yours? when did gold plunge through 1520?

It's a forecast

In 1-4 weeks
:lol: :lol:
-- -
Defenders of the status quo are always stronger than reformers seeking change, 
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
 

#6 stocks

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Posted 24 July 2012 - 02:43 PM

Gold tells the story - lower and lower

First an anemic bounce off the May IT low and then gold traces out a triangle.
Now we are entering the downside of the IT cycle


Gold plunging through $1520 means a deflationary crash in all markets and the economy.
I'll be buying more physical at lower prices.



Whoever's headline that is really reveals the lack of any thought or even a cursory check of the FACTS. Gold registered a print low last December at 1537, then another print low at 1529 in May, and a series of higher lows since then. So how in the hell can anyone say "lower and lower" about Gold? Amazing the junk (I'm being nice) that gets posted on the Internet

NO BS

Senor


1625 is less than 1642 and 1600 is less than 1625

... and below 1520 is a forecast along with a deflationary crash.

thanks for being nice
:lol: :lol:

Seriously,

Don't you agree that gold is in a triangle off the mid-may bottom which foretells lower prices?
-- -
Defenders of the status quo are always stronger than reformers seeking change, 
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
 

#7 senorBS

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Posted 24 July 2012 - 08:41 PM

Gold tells the story - lower and lower

First an anemic bounce off the May IT low and then gold traces out a triangle.
Now we are entering the downside of the IT cycle


Gold plunging through $1520 means a deflationary crash in all markets and the economy.
I'll be buying more physical at lower prices.



Whoever's headline that is really reveals the lack of any thought or even a cursory check of the FACTS. Gold registered a print low last December at 1537, then another print low at 1529 in May, and a series of higher lows since then. So how in the hell can anyone say "lower and lower" about Gold? Amazing the junk (I'm being nice) that gets posted on the Internet

NO BS

Senor


1625 is less than 1642 and 1600 is less than 1625

... and below 1520 is a forecast along with a deflationary crash.

thanks for being nice
:lol: :lol:

Seriously,

Don't you agree that gold is in a triangle off the mid-may bottom which foretells lower prices?


maybe, but have you looked at it in Euro terms and what it is doing? may be worth a look amigo

Senor

#8 dougie

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Posted 25 July 2012 - 01:54 AM

stocks FWIW i think you might be right but first el norte