Hi friends
Several days ago I posted about gold making a quick scary drop to possibly $1250, $1200 or lower, in the short term only, and that this would be considered very healthy, in light of gold's enormous rise, and the drop would provide a terrifc buying opportunity, all at the same time the U.S. overall stock market might be declining sharply.
I am not savy enough to figure out markets and thus, read up on the insights of many knowlegeable experts. One of these experts I have followed off and on through the years and admire greatly. His name is Larry Edelson, and he has proved to be superb in his overall technical analysis.
I don't do this often,but I am going to provide a link to his current comments re gold, the Dow, the dollar, silver etc. because I think they are so insightful, and may lessen the fear of a dangerous short term decline in gold etc. He also thinks we're at a top right here in the U.S. stock market as I certainly do.
Just trying to be helpful in these crazy days of violent swings in the markets. Please ignore if you're not into the technical.
Jacki