InvestorsHub Logo
Followers 44
Posts 8325
Boards Moderated 4
Alias Born 08/15/2005

Re: FinancialAdvisor post# 25696

Sunday, 01/10/2010 10:25:34 PM

Sunday, January 10, 2010 10:25:34 PM

Post# of 25966
Re: Gold End Game:: The only way to tell a trend is changing, ending, or continueing is to look at the typical consumer. One who does not know or listen or hear about investments. One who just reads the headlines.

What are they doing? Do opposite because it's about to change.

2006: Doing 100% financing, buying homes without income, overbidding, everyone wants in = Housing market turns.

2007: Oil, Oil, I want to buy oil = Bye Bye Oil.

2008: A Stock or the market is free falling, Everyone wants out = Buy the stocks.

2010: So now GOLD:: I'm trying to figure out if more "street" people want to sell their gold or buy gold. Its interesting. If I see more people selling their gold for cash, I'd buy the gold commodity. If people rather buy Gold and hold, RUN FOREST RUN!!!

I cannot put my finger on this. I think its still split. So that means GOLD continues the trend (higher)..or just levels out until the Euphoria sets in.. Maybe the media will help it.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.