Anonymous 2: Are the Scott's vote in yet? I think the dollar is booking profits ahead of the vote but to gold it doesn't make a difference since it is down again. What is your call on the vote vs. gold move. I mean does yes vote = up or down gold?
Yes vote equals quick up gold, then way down gold soon after. No vote equals continued gold slide until $1000 by end of year until all hope is lost, then up gold from January on until happy faces for all stupid gold bugs like me.
Of course there will be mini rallies. You're right, nothing goes straight up or down. I said it will continue to slide, but I should have said there will be bumps along the way. Gold will have its day; I just hope I don't enter at the wrong time and be broke by the time it comes to buy it.
In Tobyville everything is opposite reality.
ReplyDeleteIt's going to kill you if I turn out to be right again :)
ReplyDeleteOur TQQQ and UPRO positions are racking up the profits.
In a week or two we should get another pull back, that will be your opportunity to join us and make some money.
Anonymous 2: Are the Scott's vote in yet? I think the dollar is booking profits ahead of the vote but to gold it doesn't make a difference since it is down again. What is your call on the vote vs. gold move. I mean does yes vote = up or down gold?
ReplyDeleteYes vote equals quick up gold, then way down gold soon after. No vote equals continued gold slide until $1000 by end of year until all hope is lost, then up gold from January on until happy faces for all stupid gold bugs like me.
ReplyDeleteall about dollar?
DeleteAnonymous 2: there has to be a mini-rally b4 end of year as nothing goes straight up or down and yes its 90% dollar and 10% geopolitical.
DeleteOf course there will be mini rallies. You're right, nothing goes straight up or down. I said it will continue to slide, but I should have said there will be bumps along the way. Gold will have its day; I just hope I don't enter at the wrong time and be broke by the time it comes to buy it.
Delete