Quote:
Originally posted by Monk@Nov 14 2002, 05:40 PM
It looks to me from the daily charts like gold could break out in the next week or so OR it may pull back one more time and break out in early 2003.
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Hey Monk.
I hope that latter is correct. I have some cycles this month, but my preferred scenario still has metals going down into January. I am short silver, so I may be talking my position. <_<
Wherever the next low unfolds, I believe it will be a MAJOR low that leads to a surprising rally.
In regards to the article, if they had those weapons here, would they not have used them already? Why wait? Why take the risk of pulling off hijackings when you could just "flip the switch" on several nuclear devices? Obviously BS.
The one thing that is accurate in that article is the premise that the US is a house of financial cards that is very vulnerable. Whether the "catalyst" is another attack, war, a major bankruptcy or just the WAY MARKETS FUCKING WORK.... well, that's in the eye of the beholder and usually only in retrospect.
