SP - Heres a comment on your post. I absolutely agree...
Those who have been on HC a while will know that from the very start I have said this entire GFC or whatever you want to call it was a currency event and that all currencies would be debased against tangible assets. My opinion on that has never wavered and I think it is pretty clear to all that that is what is occuring. In an attempt to stimulate their economies, currencies will be devalued.
I doubt most will stand around much longer and let the US get away with what they are doing right now. Its mainly for that reason and the fact its oversold on a weekly basis that I feel the USD will have a COUNTER rally shortly. That said I've been expecting it for a while now and it hasn't eventuated. Maybe I'm wrong or maybe just early, time will tell.
As for 18 days, c'mon SP. Sinclair was saying the same thing around the middle of the year with Armstrong's turn date and in all seriousness he has said it probably 5-6 times over the last year or two and EVERY SINGLE one has come and gone and he's just moved onto the 'next' one.
We all need to rely less on what the so called experts 'predict' and just watch the prices and volume as that gives us good enough signals to act on.
For example look at the day GLD broke out from the triangle at around $950. Big move on big volume and its been a profitable move. That doesn't mean its 'THE' move, just that it is/was a tradeable move.
Cheers
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