Replies to post #1167 on SPDR Gold Trust (GLD)

[Talc Moan]

I don't think you have to be Long, but surely should be watching for the turn..

Ask yourself this. Does the Record Market warrant a Dow 15,000?

Are we in much better shape than 2007 before the collapse?

Also what was the final dagger in the economy? Oil which is moving in on 100 a barrel!

Were we printing 85 billion a month to prop the market when it hit 14,000 in 2007?

There are tons of red flags out there and way to much rah rah in the Dow!

GLD is gonna pop soon. How soon I don't know.. But it Will.

You cannot keep lending money at 0% and mortgage rates at 2.5-3.5% its impossible.

When the ball starts Rolling down Hill get out of the way cause Gold is gonna run like a Bull on Steroids and our dollar will we collapsing.

The GLD shorts will get fried. We know how fast this security can move up and down.

All IMO of course.


Regards