how bout this? i will admit i'm wrong if the Dow gets back up over the 5/1/12 high or gold gets back up over the 2/28/12 high by the end of the year.
you make a similar commitment. you'll notice, btw, that i've made realistic targets that are reasonably easy to reach for you to call me wrong.
why don't you commit to something like gold won't go below 1523 or that silver won't go below the December low of 26.14 by the end of the year? or that the Dow won't go below the 6/4/12 low?
you make a similar commitment. you'll notice, btw, that i've made realistic targets that are reasonably easy to reach for you to call me wrong.
why don't you commit to something like gold won't go below 1523 or that silver won't go below the December low of 26.14 by the end of the year? or that the Dow won't go below the 6/4/12 low?
lol
You called for a CRASH in the stock market. I want to see 7k dow. You called for a COLLAPSE of gold with a target of 400. I want to see 800 gold by the end of the year.If I see those, I'll say you were right, we had a stock market CRASH and a COLLAPSE in gold.
You have got the direction right for the last 3-4 months, but the magnitude is WAY off
. More power to you for making money on a minor pullback, I personally just think its VERY risky, because things can turn fast, and you can get caught with your pants down. Especially with triple leverage and shorts..It could downtrend for the rest of the year, I don't see it. I think something will catalyze the market and we will have a nice 2nd half or last quarter of 2012, but I could be wrong.