Marketsurfer's bold gold proclamation

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Very interesting, thanks for the analysis and link.

looks like a bit of consolidation here prior to the next leg toward 600.

all the best,

surf
 
is this thread still open? Surf, are you concerned that even though your stop in $'s has held, gold is reaching new high's in other currencies? I'd appreciate the feedback as I'm considering going short on with an 859 trigger. Thanks. bb
 
Quote from erblackiv:

is this thread still open? Surf, are you concerned that even though your stop in $'s has held, gold is reaching new high's in other currencies? I'd appreciate the feedback as I'm considering going short on with an 859 trigger. Thanks. bb

hi,

absolutely-- i remain confident in the original call.

however, no clue about the short term.

good luck!!

best,

surf
 
Just a bit of consolidation while the CB's print infinite amounts of paper in a desperate attempt to reflate...

They will certainly succeed because the paper they print is free, and even if nobody else is willing to borrow, the federal government will always be willing to borrow ANY amount of money to spend/waste on pork.
 
Quote from marketsurfer:

hi,

absolutely-- i remain confident in the original call.

however, no clue about the short term.

good luck!!

best,

surf

Thanks. How about two more threads for added entertainment value-- DJIA to 15000, Oil to 25 by April Fools.???

In Dreams Begin Responsibilities

Good luck your way. bb.
 
Quote from mind:

very nice phrase! i never heard that. is it from you?

The poet Delmore Schwartz. It's the titile i believe of a long prose poem. or short story which I don't remember, but I remember Frank O'Hara's response to it.

"....Our responsibilities did not begin
in dreams, though they began in bed. Love is first of all
a lesson in utility. I hear the sewage singing
underneath my bright white toilet seat and know
that somewhere sometime it will reach the sea:
gulls and swordfishes will find it richer than a river.
And airplanes are perfect mobiles, independent
of the breeze; crashing in flames they show us how
to be prodigal...... "
 
Great opportunity to re-short after that huge sucker rally in Gold. I would not be surprised to see GC trading in the 600's soon. Maybe in a week or 2.
 
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