Msg. 36574 of 45651 (This msg. is a reply to
36554 by
capt_nemo)
Jump:
Appropriately posted on a day when the Dow fell 236 (2.05 percent) and Gold fell $5.60 (0.33 percent).
Even when gold falls, it is a relief to have.
BTW, I put half of my 401(k) back into equities at COB Wednesday. On a risk/reward basis, I'm now short-term bullish on equities.
It won't take too much of a bounce before I'll exit again. My long-term bearish outlook for the Dow continues. I think it's heading somewhere south of 10,000... maybe even 9,000.
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
To some, only "Lunatics and Hacks" believe in gold and a system based on real money. To others, one look at the chart below showing the relative performance of gold and the S&P YTD is enough to determine who the lunatic and hack truly is.
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