The MAgic number is 8500

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The Great Govenor of California
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Dow at 9400, Gold at 900. Gold will pass dow.:dancefool
 

Rx God
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What a mess that would be.

I don't see Gold going to $8500/ oz anytime soon. It would be martial law out there, at that point.

Any "crossing point", would be bad... but I'd see that at more like 3-4,000. I don't think they ever come close to crossing.
 

The Great Govenor of California
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Dow at 8550 Gold at 910, MAGIC Number 7600. ITs funny watching Bloomberg and CNN, they have compulsive liars on those sations 24 hours a day, OR maybe they BELIEVE THEIR OWN LIES, I dont know which.
 

L5Y, USC is 4-0 vs SEC, outscoring them 167-48!!!
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I say 7800 - 7500. Boy shorts are really relentless. Have mercy! LOL. Now i know there's got to be some margin calls that had to be answered. this wasn't just financial's taking a dump.
 

the bear is back biatches!! printing cancel....
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shorts?

shorts don't make markets go down :)

the misunderstanding of stuff is so hilarous

markets go down because of panic selling and there is nobody to buy

shorts usually are buying when nobody is....as they are taking profits :)

tizgloom for instance will be doing just that very soon....likely tomorrow

just a near term play though......

we going lower over the long term but due for a viscous dead cat bounce

J6P 401k holder just in panic mode right now near term
 

RX Dream Team
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people are going to start getting crazy, as if they haven't been crazy enough already
 
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I'm still trying to figure out what the hell Rail means by gold passing the Dow.

He can't mean what I think he does....no way.
 

the bear is back biatches!! printing cancel....
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people are going to start getting crazy, as if they haven't been crazy enough already

get ready for social unrest and chaos to ensue

gonna be interesting times that's for sure

this is the most destablizing world event taking place since the 30s

this isn't just about Us this is about the world economy as a whole
 

Rx God
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I'm still trying to figure out what the hell Rail means by gold passing the Dow.

He can't mean what I think he does....no way.

Yes, He suggests Dow at 8500, and Gold at $8500/oz... ain't gonna happen ( not $8500 Gold). People would cut your hands off to get Gold rings, at that point.
 

bushman
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Compounding gold from the start to the end of the 1970s worked out at aboot 30% p.a. $40 to $750

The thing is chaps, as soon as the moment is right, they'll crank up interest rates, generating huge volatility.

The nice thing about gold is, like a house or a car or a bar of chocolate.
Once you've bought it, it's yours forever.

The negative side is it's not very liquid, and a LOT of munney is now in dollars.
 

bushman
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BTW
I notice that silver is sneaking up the outside lane over recent weeks.
 

the bear is back biatches!! printing cancel....
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if it happens which is a huge pretty big if, this gonna have to get really fugly

the magic number is gonna be in the 3000 area or maybe even lower
 

bushman
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Never seen you use the 3000 number before Tiz.

That takes us back to the 1980s.
 

bushman
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the bear is back biatches!! printing cancel....
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well my median guess for bottom is 4.5k-5k dow or so

but range of error is high

from 7k to 2k

once we get sub 7k tiz kinda becomes somewhat confused and no longer an all out bear

i think the small caps that will survive have already bottomed

like the HQS i like (chinese tilipia) companies that have no debt and postive cash flow and cash on hand to weather the storm

small caps bottom first

the fact that many small caps look like they will likely hold their oct/nov bottoms on this plundge down is a positive sign to start seeing the light at the end of the tunnel as far as the stock markets go (real economy fucked regardless for a long time)

going forward the big guys like XOM, MMM, PG, JNJ, MCD that will survive but will be hurt will be the fuel that drags the markets lower and i really have no guess at this point as to how far before they bottom
 

Pro Handi-Craper My Picks are the shit
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That would be funny the brothers that work for me would be able to buy me out. Becuase gold is more important to them than feeding their kids.
 

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