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Re: Ataglance2 post# 38169

Monday, 12/14/2009 1:09:33 AM

Monday, December 14, 2009 1:09:33 AM

Post# of 42555
You will actually see hyperinflation.. or really the continuation of it, rather the acceleration of it considering bread is already at three bucks a loaf...
That will likely bring gold to all time highs after this short consolidation.
Keep in mind no long term trend lines have been broken or even tested yet.
If one looks at the weekly chart for gold one can easily see it has not been over bought in the slightest.. Therefore this consolidation will not be a reversal.
Hyperinflation will lead the moron mass to desire a new currency which will be touted as the solution just as happened in 1913.
It will not lead to gold's devaluation.


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