THANKYOU! i wonder why this topic has been erased from the main board only comes up as individual msgs. Maybe we should start a new topic >MATX56 IDIOT< but apparently name calling would get it erased.
You know, your predictions appear as just the ravings of an idiot since they are based on nothing except your own deranged imagination.
Why don't you clam up until you have something to say that's based on ANYTHING other than your own doltish musings.
The high is almost $15. At this point I don't see us trading up another $2.00 on this rally. I think some consolidation in the $11.80-$12.20 range then a run up past $15 is possible. I see gold pulling back to $680-$685 range also near term. The US markets were closed when the fed released the interest rate cut. So today was the true gauge of its effect on the PM markets. I would have to say with a half of a point cut, investors would have to be disappointed with the PM reaction. Buy the rumor sell the news, works 98% of the time.
Gold was down about $5.00 on the US market today. It was up around 9-10 dollars in overseas markets today. So the carry over was a 4-5 decline. Silver showed a 4-6 cent decline in the carry over from the overseas markets. Excellent time to make a short sale for a trade over the next week or so.
it already did retest the lows, Sorry you missed the rally but posts like this may not bring you back to the buying opportunity that slid through your fingers. No offense as we have all been there before.
One of the worse economies in the world with the highest inflation on the planet is Zimbabwe. Zimbabwe's stock market is soaring. The inflation alone is keeping the prices going and going up. That's what we're going to have here. We will set new records but the value will become worth less and less. The dollar is dead. The door has been opened for Bush to introduce his Amero. $100 oil will soon be cheap. $100 for milk will be more like it.
That statement would be moronic if the stock market cannot possibly retest the lows. And how can you claim that it can't? Say something intelligent instead of flaming others just because they don't share the same view as you.