My my... what to buy
Posted: Sun Aug 07, 2011 10:46 pmThere seems to be a great divide on this site (and in general) about what will happen to gold and silver with the recent downgrade by S&P. The way I'm watching it is to look at history. In 2008... silver lost about 40%... Gold... a blip... Copper and Nickel TANKED! So where to go? I'm looking for copper and Nickel when they bottom out. Check the charts... there already going south in a hurry! I suspect we will see silver go back and forth from $30 to $50 till around Christmas... Gold will go to near $2K... but hover mostly around $1800. Copper and Nickel? I'm betting this go round they'll see about $2 for copper and $5 for Nickel. THAT'S where I plan to go in big! Remember what pops always said... "buy low and sell high". Don't forget... we are in historical highs for Gold and silver. Which is why I'm not buying Gold right now! The REAL FLAW in my planning is... well... its based on the fact that we will see a turn around in the economy at some point... when really we MAY NOT! 
On a side note... MAN!!!! It sure looks like a one world government is REALLY being paved here! I can TOTALLY see that happening by 2012 (or sooner)!
On a side note... MAN!!!! It sure looks like a one world government is REALLY being paved here! I can TOTALLY see that happening by 2012 (or sooner)!