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Will Wednesday Be The Long-Awaited "Yellen Reversal?"
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Thread: Will Wednesday Be The Long-Awaited "Yellen Reversal?"

  1. #1
    Join Date
    May 2003
    Posts
    4,170

    Post Will Wednesday Be The Long-Awaited "Yellen Reversal?"

    Snippet:
    Those following me closely know I never attempt to “call” the Precious Metals bottom. Nor, more broadly speaking, when manipulative control of not just gold and silver, but the rapidly thinning veneer of “stability” the powers that be have cast over economic trends and financial markets, will be (permanently) destroyed. However, in the past three weeks or so, I have decidedly changed my tune – in no longer stating that it’s “coming”’; but to the contrary, that this point has been reached – NOW.


    Monday, February 8th


    Those following me closely know I never attempt to “call” the Precious Metals bottom. Nor, more broadly speaking, when manipulative control of not just gold and silver, but the rapidly thinning veneer of “stability” the powers that be have cast over economic trends and financial markets, will be (permanently) destroyed. However, in the past three weeks or so, I have decidedly changed my tune – in no longer stating that it’s “coming”’; but to the contrary, that this point has been reached – NOW.
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  2. #2
    Join Date
    Apr 2012
    Location
    Scottsdale, Arizona
    Posts
    1,851

    Default

    Newton is attributed the quote, "What goes up, must come down". Looks like gold and silver stepped back down today. Oh well...
    "If you don't know where you're going, you might end up some place else."
    - Yogi Berra

  3. #3
    Join Date
    Dec 2008
    Location
    Zionot, Squashkenazi
    Posts
    11,570

    Default

    Quote Originally Posted by Xizang View Post
    Newton is attributed the quote, "What goes up, must come down". Looks like gold and silver stepped back down today. Oh well...
    You are mistaken, both gold and silver are exactly the same as they were yesterday.

    That's one of the strengths of precious metals, their unchanging characteristic.
    "I foresee little future in 'the price of silver', I see a huge future for 'the price in silver'." - heartbone
    "The truth is called hate by those who hate the truth." - K

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