RE:RE:RE:RE:RE:RE:RE:RE:13 Red Candles!Good to hear intelligent conversation between you guys.. I lean towards goldguy re not knowing what the future will bring because there are so many unknowables.. there are any number of events that are impossible to predict especially in the geopolitical arena.. the stakes are very high and the major global players: the US.. Russia.. China.. Europe.. Japan.. the Bricks all have plenty of excuses for extreme measures with escalating crisis/conflicts world-wide.. especially the middle east.. the threat of terrorism gives them a wildcard in an ever increasing battle for control of resources.. so many what if's.. and for that reason it makes sense to me to have a strategy that takes different outcomes into account.. in terms of PMs that means both bullish and bearish..
None of that discounts the validity of common sense.. informed opinion.. future projections based on history.. TA.. fundamentals.. even astrology.. etc..
Speaking of astrology Mahendra called the USD bull starting in July 2014 and said it will run to around 2016.. he also said it won't stop gold from moving up and we could see daily swings in the POG of as much as $200 even $300 next year.. and incidentally Sinclair predicts those kind of swings too.. crumbs! what could that mean for silver? sounds like a day traders wet dream! ;)