RE: RE: stock crashLooks like I was right
----------Original Message Posted 2/23/2009----------
Your brave thats for sure
----------Original Message Posted 2/23/2009 11:26:46 AM----------
We are in total agreement on the fate of markets. The Dow falling thru 7500 sealed it's fait.
Where our opinions diverge:
I think the correlation between the price of gold and gold stocks is in the process of reverting back to the mean. Also, I think the government is doing its best to walk the markets down slowly rather than let all the air out in a panick.
If you are right, I think there is still time to make money here. Gold will test 1030 before correcting.