This is my personal arrangement to provide a useful format for discussing and disseminating breaking news and information. Opinions posted here are not necessarily my own. If you are offended by wide open discussions of news, life, politics and religious things, and God's word, kindly get out of here NOW. At times sources quoted here are suspect at best. I try to make sure they are correct, but I do err at times. Comments by readers are theirs alone, I may or may not approve of their opinions.
Monday, July 25, 2011
The GOLD and SILVER Rally Is Over
It's time to stash CASH again as lawmakers pass debt legislation soon. The US DOLLAR INDEX should climb above 80 and the S&P500 is expected to rally to above 1400 soon. This will obviously need a time of testing such as 4 to 6 months. Afterward if there is reasonable economic progress I predict GOLD to back down to around $900US or lower and SILVER back below $20US...developing...
A NOTE TO MY READERS: Sometimes I come out and say some things based on my current observations of the actions of Congress and Obama. If you think I'm wrong I don't mind you saying so. I'm not opposed to increasing my knowledge and understanding in fact I desire it.