We need a washout in gold and silver...

I can't find silver (even first majestic) under 29...and my very local dealer is sitting tight. I don't plan on visiting vancouver anytime soon but I may have to if I can locate real metal. Let the markets wash out. The fundamentals are brilliant and the charade can not continue indefinitely.

For those of you unconvinced of said fundamentals... Get out of the market. You have not done your DD and these markets are not for the squeamish. These are long term, strategic plays for adults. Take your 'can't eat'em' mentalities to a thread about eating.

$1000/$20 + or - 10% doesn't sound so crazy now does it? I can't believe I posted this thread just hours before the washout. That was some crazy luck.

Last Edited by Chucklebutt on 04/15/2013 06:42 AM

Hey, I see we finally have a bounce off the $1300s. lol

$1200 is the next stop for gold. After that its $1000.

By the way, I dont mean gold sees new highs instantly. I mean a C rise 'mega trend' that lasts a few years. This downtrend alone could last for many months.

Short of war, gold and silver will continue downward.

TPTB have PMs by the paper balls.

My ass. True economic pain is all it'll take for gold to blast off to new highs. Not war. Not paper printing. Its all about confidence. Anyone who buys into a bona fide recovery may as well shit in one hand and wish in the other.