GOLD 0.51% $1,391.7 gold futures

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  1. 3,150 Posts.
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    For sure re: DOW. Every time it goes up I buy more physical silver or gold stocks. Every time. Every thing they do now is a reason to run a million miles an hour in the opposite direction.

    I've been thinking about how it will end, or when the beginning of the next chapter will start. For example, Crom's post about how they're now doing helicopter money for hedge funds. Another reason to believe it won't end with the Fed giving it up.

    I dont think there'll be any "black' swan either - why, because those swans are everywhere atm, but they keep printing. Imho, way it will end is Gold. Their nemesis. The price of gold will be the moment that people wake up. In that link thet Fudley posted above (yesterday) to an Egon von Greyerz article - he mentions in the article that once Gold hits $2k and silver $50, then things will turn because normal people will realise things aren't what they seem. Momentum will build then the run into metals will snowball. Once the run starts, then the tide begins to go out and we'll see crashes and calamities everywhere. Then the real panic - $200 dollar spikes in Gold overnight.There was good video I watched recentl.y (will find the link) about how the next great Gold bull run will play out....it gave a long-term view. The gist being that the greatest gains are made toward the end of the mania, so keep lots of dry powder (i.e. hold onto a portion of your stocks/physical) to maximize those crazy last couple of years.

    DF
    Last edited by DonaldFrump: 21/01/20
 
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