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Construction workers eat at McDonald's. Most construction workers are sitting at home collecting unemployment, which works pretty good for a couple of years, and eating bologna sandwiches. I would be interested to see how beer and cigarette sales are doing. People can always find money fore beer...

ap McDonald's sales take hit from US joblessness McDonald's US sales decline deepens as joblessness, competition catch up to burger chain * By Ashley M. Heher, AP Retail Writer * On 4:57 pm EST, Tuesday December 8, 2009 Companies: o McdonaldS Corp...

It seems a little early for a low, but the next three days we could see the low (apprx. $1075.00 cash) and then back up. Plenty of built up energy in this move yet. We had a similar consolidation in November/December of 07 and it resolved to the upside. I don't have any reason to believe...

Silver is just quietly doing its thing. Look at this weekly chart though and you will see that it is no where close to overbought. Once this short term correct is over (maybe 3-4 weeks) then it will take out the highs and the new high will be anybody's guess.

That's disgusting. The owner should be hung, shot, and then quartered and then drug through the streets. Anybody disagree?

Sounds like a Ponzi scheme

Yes, but currency should be backed by gold and silver. Otherwise the Fed is going to put us all in the poorhouse.

For the first 4 or 5 years of this gold bull market, the stocks were the place to be. They usually led gold and buy huge amounts. Now they really follow the market in general as much as they follow gold. If both gold and the general market are up, then yes they will be up significantly, but if...

So what you are saying is that earnings for S&P companies are supposed to be so fantastic going forward that the actual PE ratio should drop to 20, I assume next quarter? Otherwise the prices per share would have to drop significantly from where they are to hit that actual 20 if earnings don't...

I didn't realize how high pe's had got for S&P. This is just shocking. It seems that there are some very dangerous markets and extreme markets out there now. None of it makes any sense. Not good.

If gold drops to $600 Monday it still beats stocks over the same 80 year period, PERIOD

Yes, they are being treated as paper assets. People want the real stuff. If the dow goes to new highs or maybe just another 2000 pts. then gold stocks will take out the highs.

Nasty consolidation and then on to new highs. It will definitely be nasty and will look like the end, but then slowly it will recover and continue on. The gold stocks may not take out these recent highs though to confirm.

We have our volatility.

Quite a few down 7% or more. Keep dropping, so we can get a nice bounce on the way back up.

Of course they deserve their extreme bonuses, they took one of the world's largest banks/investment banks/who knows what kind of bank from being insolvent in march of this year to having their best quarter in recorded history in less than 6 months. :confused: That is what I call a swing. They...

I miss his postings. Him not being here is probably a sell signal.

I bought some a few years back at $450 as it was breaking out for the second or third time and then bought more last year at around $900. Also bought silver at $6.50, $8.00, $15.00, and 18.00. Not to much higher on this stuff and I can pay off my mortgage.:)

Higher for two months then down hard for 2 years.

Gold most certainly will go below $1200.00 per oz. unless it opens up $100.00 tomorrow.