GREY:DRGDF - Post by User
Comment by
truthbetoldon Mar 27, 2013 12:17pm
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Post# 21175004
RE: RE: Even a broken watch is correct twice a day
RE: RE: Even a broken watch is correct twice a day Who knows - the shadow knows!
One thing that is noticeable is the trading range for gold is getting narrower and narrower. This usually precedes a big move, in one direction or the other. I wouldn't place any bets on the direction but with massive injections of QE all around the world still going on and growth forecasts being scaled back and Europe in a recession, I don't get the impression that the world (aka the US) is as rosy as the mainstream media wants us to believe.
As for the markets, I have done very well in the last few months. Bought a lot of US corp stocks and they have performed well. Time to pare back some of the gains, if not all and wait.
Personally believe gold will come back very well but couldn't tell you when. The market is so numb to news now that I get the feeling that some odd and seemingly inane event will trigger a tectonic shift in the markets and catch everyone off guard.