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Not a crisis, an epiphany: the FIRE Economy is not coming back

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  • #46
    Re: Not a crisis, an epiphany: the FIRE Economy is not coming back

    Gold's hard bounce off of the $685 overnight is actually right according to the more optimistic script for a major turn and basis of a stiff snapback rally. The $675-$685 was really the "line in the sand". Now if we see it break out over $730 in the next 3-4 trading days it's done a successful interim bottom and is going to stage a big rally. Find the bet whose premise is false, and then bet against it. King dollar - watch him soar and fly with the eagles.

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    • #47
      Re: Not a crisis, an epiphany: the FIRE Economy is not coming back

      Originally posted by EJ View Post
      [wrapright]


      After attempts to re-inflate a re-inflated bubble economy fail, what do you do next?
      __________________
      Weaken dollar.
      Competitive devaluation all over the board.

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      • #48
        Re: Not a crisis, an epiphany: the FIRE Economy is not coming back

        Originally posted by Lukester View Post
        Now if we see it break out over $730 in the next 3-4 trading days it's done a successful interim bottom and is going to stage a big rally.
        730,14
        High 746
        @ Lukester : Crawford is very good. I received another mail yesterday calling for a big crash today and monday, then relief.

        http://www.jsmineset.com/cwsimages/M...d1230pmCDT.pdf

        PS : Why the hell my images don't load normally anymore ? Did not change any settings…
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        Last edited by hellstan; October 24, 2008, 05:22 PM.

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