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The COUNTdown To Crash
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12-14-2011, 06:09 PM
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Casyimipist
Join Date
Oct 2005
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459
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Next leg down- so it seems- as it unwinds further.
PMs are still dropping which means there is a severe problem with liquidity. We could see some amazing acrobatics in the markets over the next few days.
I think it is too early to buy gold or silver. Yes- it will be hard to find physical initially. BUT- watch what happens when the leveraged hands need to dump their assets to cover shrinking positions. If you wait, you can have a boating accident due to overloading.
The next "fix" will be completely devastating to much of the current market as we go into new shades of bizarro world.
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