ADW, thanks for posting, definitely food for thought..
gee, there seem to be some ambiguities in there though
"The stock promoters will be active this summer. Their well-paid newsletter writers will come through with wonderful stories. The people will buy. $GOLD maybe hits $1,000, possibly a bit higher before the cycle ends abruptly."
Is he saying gold stock promoters?
and after gold is taken down $200...
"That will be the end of the dance for the S&P. People will start talking about 500 for the S&P 500
so 'they' are going to take down everything?
would love to hear your clarification...
however from gold point of view the bottom line seems to be....
if Bill is RIGHT then one can either
a) sell off around the $US1000, and buy back after the rapid crash, prior to takeoff to $US2000
OR
b) continue to hold knowing that there will be extreme volatility (which is gold 101 anyway) and just ride it out
if Bill is WRONG then one can either
a) sell off around the $US1000 and wait for the crash that doesn't happen (classic gold bull behaviour)and possibly watch it soar into the blue skys
OR
b) continue to hold, knowing that there will be extreme volatility (which is gold 101 anyway) and be pleasantly surprised
The BIG decisions would appear to be for the short term traders here it would appear.....
Cheers
BG
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