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Where is gold at?, page-124

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Skol

33,004 Posts.

1384

03/12/14

06:35

Post #: 14397357
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Originally posted by Durk ↑

Skol,

Chinese economy may be on the decline (7.5%) but that is what should be expected given a lot of its consumers are not spending, latest US consumer figures are not confidence inspiring, down 13% for Black Friday. US debt has tipped over the $18 trillion mark. Additionally, the Chinese growth rate is almost double that of the US (3.9%).

It is no surprise US car sales are the best they have been in years, given they are giving them away, it's the subprime mortgages again except this time poor people are being suckered into buying cars! This is what the US economy has become built on, a game of musical chairs....the music is about to stop and it's going to be the everyday joe left standing, punished for the financial greed of Wall Street which will have happened twice in succession. You need to start reading between the lines Skol, just a friendly heads up

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Thanks for the friendly heads up, but with your forecast for an end-of-year gold price of $3,100, you can be certain I won't be taking any notice.

DJIA up 90, looks my end-of-year forecast of 18,000 might be too low, making money this easy should be illegal.
Hahaha

Resident gold 'expert' Daytr was shorting the Dow at 17,000, wonder how that went?
1 Upvote

0 Great analysis

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