Contrarian market commentary and economic postings.
Thursday, January 27, 2011
GOLD PARABOLIC
3 comments:
Anonymous
said...
Parabolic? Not yet my friend. Gold is in a bull market. Everything else is in a BS market. Dont get shaken off the real bull market. Wait for a DOW:gold ratio below 2:1 before selling your gold.
Bad choice of words perhaps, but trajectory is VERY steep...Friday caught that steep trend line....any bull wants to shake off as many as possible before final move..and the reports of "loss of safe haven status" show how STUPID so many are
exactly. We have Larry Kudlow on TV rubbing his hands with glee on a small gold correction while congress is going to vote on raising the debt ceiling. Hahahahahahahahahahaha you gotta admit pump and dump tv does a great job of making suckers out of sheeple.
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3 comments:
Parabolic? Not yet my friend. Gold is in a bull market. Everything else is in a BS market. Dont get shaken off the real bull market. Wait for a DOW:gold ratio below 2:1 before selling your gold.
Bad choice of words perhaps, but trajectory is VERY steep...Friday caught that steep trend line....any bull wants to shake off as many as possible before final move..and the reports of "loss of safe haven status" show how STUPID so many are
exactly. We have Larry Kudlow on TV rubbing his hands with glee on a small gold correction while congress is going to vote on raising the debt ceiling. Hahahahahahahahahahaha you gotta admit pump and dump tv does a great job of making suckers out of sheeple.
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