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Re: A deleted message

Tuesday, 10/04/2016 6:00:14 PM

Tuesday, October 04, 2016 6:00:14 PM

Post# of 63744
POG getting below $1000 .. do not see it .. but again anything is possible. The economy is no better than it was when POG was over $1350.

Because of one major drop in gold .. now the sky is falling?

Well look at what happened in 2008 when the market seriously tanked .. now Dow is over 18K .. yet the Fed has kept rates artificially low and the US and global economy is still sucking.

It's about long-term and feel the trend of POG is over a much longer term .. rising to 1900 so rapidly there was a market correction (over years). Believe .. given the global, economic condition (which is much worse than 2008) we can see a bigger push to over 1900.
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