Commodities Question
When are you hoping to buy oil and gold again? At what price?
Please give reason for your buying. What factors will you consider to validate your buying during next 9 months? Thanks.
Asked by MNSL in
Commodities
5 months ago
Answers
678 points
BoxCar answered 5 months ago …
There are strong ledges of [Vol.x Price] for GLD between 85 & 95 where it should be
"Oscilating" for next 2 qtrs. After that I'd expect GLD to begin a long climb upwards as
2nd wave of "Mortgage Resets" hit the economy as ARMs come due & real estate $
values are not there to support such an onslaught- Means GDII begins to take hold-
Meanwhile back at the ranch in 2009 we are seeing a RESPITE from onset of GDII
2nd Great Depression has already begun
