- Gold (Charts and Quotes for: Gold & GLD)
- Scam Market (Major World Market Graphs At A Glance)
- US Treasuries (US Treasury Rates at a Glance)
-------- Original Message --------
| Subject: | FIVE Markets Pointing to the Deflationary Outcome As a Result of the Current Problems |
|---|---|
| Date: | Wed, 23 May 2012 15:24:36 -0700 |
| From: | Jas Jain |
FIVE Markets Pointing to the Deflationary Outcome As a Result of the Current Problems
- Commodities
- Gold (Charts and Quotes for: Gold & GLD)
- Scam Market (Major World Market Graphs At A Glance)
- US Dollar
- US Treasuries (US Treasury Rates at a Glance)
High volatility
in all the above markets suggests that we should get further confirmation, or the opposite, of which way
things are going to get resolved. Greece is done, one way or another. Things to
watch over the next 3-4 months:
- Chinese slowdown
- European recession
- Spain and Italy after Greece is out of the way
- US slowdown – Q2 GDP and Q3 data releases
- US Supreme Court decision on Obama-care
…
In less than 6
months the US election, together with the above, should seal the deal as to
which way things are likely to head.
Jas
-x-x-x-x-x-x-
May 14, 2012
Three Markets Pointing to the Deflationary Outcome As a Result of the Current Problems
The commodities mkt, the Scam Market, and the US Treasury
mkt. Needless to point out that the smartest of these markets is the Treasury
bond mkt. Lots of dopes and dope dealers crowd the Scam Market and the
commodities mkt.
Jas- Gold (Charts and Quotes for: Gold & GLD)
- Scam Market (Major World Market Graphs At A Glance)
- US Treasuries (US Treasury Rates at a Glance)
Posts
1 comment:
-------- Original Message --------
Subject: Another View on Gold From Someone I have High Regard For
Date: Tue, 29 May 2012 17:57:59 -0700
From: Jas Jain
Another View on Gold From Someone I have High Regard For-- Re: If gold is collateral for their bailouts, nations may want a higher…
Jas, you probably know that I have been a long-term gold bull; however, gold commenced a classic faster-than-exponential bubble trajectory in '08-'09, culminating with a blow-off of exponential order of magnitude at the $1923 peak.
The anti-bubble trajectory and recent possible technical projection implies that the price of gold (POG) will fall to the $1000s-$1100s to as low as the $600s-$900s in the months ahead. The descending triangle pattern for gold projects the $1100s. A standard EW projection from the high to $1520s support implies the POG below $1000.
But note that the POG could fall to the $700s-$900s, correcting 62% of the move from the '70s and '90s and still be in a secular bull market and at a much higher price exceeding the $1900s in the years ahead.
Thanks. It would be a great opportunity for those to accumulate who have been underweight gold for the past many years. Juts to clarify, my view on gold is a long-term view for the coming decades. There is a good chance of a fixed exchange rate policy over the next year or two.
Jas
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