are right in the middle of the whole euro fiasco. the banksters dreams of a one world govt would be chucked
out the window. it happens monday. lots of banks are interconnected. i forget the exact # but alot of
big italian banks are in the db state. walking zombies!
hgnsi --20%
gdx/gdxj bottomed november 14
silver has not confirmed golds last bottom
while the triangle theory on the miners is alive i think we could very well have bottomed. i posted several
times the chart of gold/miners going back more than 20yrs. this chart showed the miners peaked vs gold in
1996. imo that is when deflation took over and dominated. miners are bullish when there is inflation. i
believe we are on the cusp of stagflation . oil and the crb are throwing the 1st pitch out there. gold
will be supported by other commodities gaining strength. ubs has issued overweight the miners. and is bullish
on gold setting 1300 as a 3 month target
on another note
gundlach http://www.reuters.c...h-idUSKBN13Q5FL
yes, "the cheif" has been around forever and has had his moments in the sun. skilled astute technician
i am thinking we bottomed. there are too many signs to ignore it
the 40yr cycle is alive and well!
dharma
Edited by dharma, 02 December 2016 - 12:36 PM.