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REPORT ABUSIVE REPLY
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Message Subject
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IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
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Poster Handle
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Punk-A$$ets |
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Post Content
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Im too poor to afford Gold but I have stacked quite a bit of silver thanks to the low price. I believe the "strong dollar" is just a sign of the impending crash. I am hoping that silver is near a bottom, but I am watching for the housing crash for the sign that it will be spiking.
There seems to be a direct negative correlation between the housing market and the price of precious metals. Since I plan on turning my silver into a home, I am eagerly anticipating. Yet I look at this as a learning experience. the more I learn about the market the more I learn to play it later for profit.
Quoting: Feistylorax Excellent post. Silver has a bright future. We're all just nutters to most until the next run up. Punk Assets~ what is your perspective with the new trade agreement with the euro~Chinese non dollar trade agreement? I am of the opinion that the market volatility is going up and that that one key event might be before the elections, though there are a lot patterns that show the manipulations continuing... the market the past 3 days it was open for example... I think those trade agreements are but a small fraction of the total world transactions. Worldwide INVESTMENT is far far larger. So, I dont think it means much. I learned this from Martin Armstrong. He wrote an article about how everyone in the world has borrowed in dollars (because they were cheap to pay back at the time) and so everyone is short the dollar as a result. He calls it the largest short position in history. So now the domino has been toppled and the dollar has started its remarkable rise. He's saying it'll more than DOUBLE from here so I just dont think the metals have a chance while people sell off their losers to get dollars to unwind positions. I'll try to find the writing I speak of.
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