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Re: jt6455 post# 14227

Tuesday, 06/26/2012 11:00:50 PM

Tuesday, June 26, 2012 11:00:50 PM

Post# of 36489
Gold will do exactly what it did in the 70s.. If you're long I hope you bail before endgame. if you can bank, more power to you. but basically 50%+ decline from its highs.

If what you say is true about deleveraging (which I agree) then you would want to be long the dollar.


just a random article. date is right when the dollar broke out off its base. rallied every since.
http://www.investmentu.com/2011/September/going-long-the-dollar.html