Then maybe a swing trade but then down again till a rev. Split .the die is cast but the u.s. People won't get it till they all live in one home kids,them,mom and dad and grand kids just to pay the bills.i know people 10 years ago living the dream now they are lost spent all their money and are broke but they still think things are going to pick up.lost in the dark without a flash light.
This is going to be one big up move come this fall money from all over europe is running to gold and the u.s. Will follow.
This is how hugh bull markets come to be the smart money has been buying very very cheap gold stocks buy low sell high 5 years from now these will be 50-100 x higher and it won't take alot of money to move them.
But its is all about head count 1 year from now alot less people will be on their books at both ppl and talon. riverstone is about cutting people to the bone gift wrap it and sell it thats how the top brass makes their million. Dig it. You ever hear of a guy named mitt romney this is the model.20 years from 2 classes the rich and the working poor you been warned.go to you tube and watch george carlin (the american dream) this guy tells the truth.
Larry edelson over at money and markets he is very good at calling market shifts.nat gas is going up. He has been spot on for the gold markets for the last 10 years.by the way gold is setting the stage for some big up moves.
10% drop on monday gold can not be held down like it was the last 30 years . One monday you will wake up and and the reset will happen $3000 gold
1* u.s. Power production is going from coal to gas 2* the oil to gas in heating is on going most all new building use gas for heating 3* new industries built around cheap gas.4* lng shipping stations coming online. 5* transportation going to gas.6* new pipe line going to supply gas to mexico. 7* fracked wells deplete very fast.8* rigs drilling for dry gas at very low rig count.this is setting up for one hell of a bull market for nat gas. I think i will get on the bus now before we start the ride up.
It's getting ready to start some big moves up in the sep,oct time frame gold gos up but this year it starts in aug.the jr's gold stocks will move the most on the move up.
As the us passes the baton to china and the reset comes the middle class becomes the new working poor this is happening before your very eyes.china will back the currency with gold .russia and china now buying and selling without the dollar which is the end to the preto dollar.the writing is on the wall take the time to read it.
You are spot on 98 % of the people have no gold or silver in their investments when people in the east are buying with hands. In1964 if you had 1 dollar in dimes and held them today it would buy the same amount of anything back then. If you held a 1 dollar bill you would 16 of them to buy the same thing today.the country that owns the gold rules
Billy maybe the push to $3.5 gas is going happen at that time will buy split 3 ways ung,boil,and ugaz
If not i think the down side is limited gold is my #1 play but if we have a big down move from where it stands today will sell some jnug add at that point.