market revaluation 40 cent to 60 cents possible., page-8

Tonight the nasdaq down 3.3% $1707. Midnight Tuesday 13th
There should be a tipping point with a huge sell off in gold which will likely trail a sell off in the NASDAQ first.

The market is trading erratically sideways. This same type of momentum occurred in 2008 just before the crash. It appears the inflation bubble started from the 2008 bailout. The driving force of inflation has transformed to a supply driven inflation bubble and energy crisis. This is more difficult to navigate than the 1930s and shocking for gold.Its a supply driven cost price squeeze with falling profits which is technical deflation..

People have asked me, where would you put your money. I reply, keep it in the bank or government bonds.I was asked for advice on what to do with $30 million last summer. I said nothing, sit on it and wait for the market to crash. When people are screaming, spread your risk across the top 200 and wait 2 years for some type of recovery. I had to explain I do not have a licence to provide advice and its for you to make your own choices. I held this view way before any type of serious inflation issues but today my view is even more stronger. Now is not the time to take high risks.