Paulson referred to the systemic risks inherent in our global financial system as "manageable disequilbrium"
Manageable..Hmmm...??? Meltdown occuring now in eurozone,everywhere. Meltdown that became public knowledge with the unwillingness of paulson to bail out bear sterns. Why?? Blow the whistle back then in Sept 09??? Triggering off "unmanageable disequilbrium" That event precipitated a huge run on hedge funds as investors and traders queued to get their funds out of stocks and into bonds. I am of the opinion that gold is ready for the next leg up. If you take a look at GOLD listed on asx code The chart shows a typical J shape parabola base already well established and anytime now the huge upside will occur to complete the J shape. Some event will take all by sudden suprise by 2010. Long dated call options on future gold contracts out to Mar 2010 and sell calls over the top picking up on short term pullbacks.Setting us up for continued surges as more and more people get turned onto the rise and rise of gold in 09 thru to next yr. This tilt at 1000 which will see gold push thru to 1100 and 1250 then onto 1500 by Sept 09
**But hey, what do in know. Consult your broker for advise Not like the ones that recommended "AAA" cdo's to iceland.Them qualified ones.***
- Forums
- Commodities
- GOLD
- so at what price do we start shorting gold
so at what price do we start shorting gold, page-15
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)