Thoughts From My Coastal Office
The U.S. Dollar is consolidating. Consolidation precedes expansion. The next expansion in the dollar is likely down.
Gold is moving well. It is up nicely since my post on October 30. The oldest trick in the book works and works and works, until it doesn’t. When it doesn’t work anymore, there could be a larger scale attempt at manipulation. Think 1933. All of this is good and supports my thesis that the action in gold is going to be mind blowingly bullish. The media will be shocked by it’s velocity. Everyone will be rushing to own it. All the while, my store of energy will be building.
Gold can only be held down for so long. Increasingly, the mathematics will demand the courage to face it’s implications.
Peace









I am in Miami Beach for a month. Love to see you if you are in the area.
Kurt
Comment by Kurt — December 31, 2008 @ 3:57 am
Nice office.
Comment by Richard — December 31, 2008 @ 11:13 am
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