Histroy never repeats.....Change it to President Bush "I have directed the Secretray of the Treasury to sell the gold reserves." <object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/qTLX1ow-aCw&hl=en"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/qTLX1ow-aCw&hl=en" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object>
I hung in there long enuf following all the headlines each day and the Fed propping up prices so Wall Street can unwind bad investments. Yes they wore me out. I am taking a step back. Now is likely when the cascading domino effect will take out what wouldn't/couldn't before/yet. What fails is gonna show for what it truly is: failure. Meanwhile the old plays will be replaced with the new plays, but I am wore out. . .waiting for the market to truly correct since last Feb-Mar '07!! Much to the aghast of most there will be blood - but this is healthy and I am positioned for every scenario to play itself out. I am just tired, TIRED, TIRED of watching all the shenanigans and foolishness. Of course THAT is when we capitulate, right? When we least expect it? But I am tired of ALL the crap that comes out everyday. I don't know what is next - but I know it is coming. :eek: pS Ag/Fertilizer and now commodities. Meanwhile load up on your BIDU puts (if it's not yet too late) as support on this one is now lost.
On Monday a lady at work announces to the staff that her daughter is having a "gold" party where people can mingle, eat snacks and sell their old gold jewelry for cash... her timing was impeccable... that's what happened to gold.