storm999

The Market Bubble Is About to Pop

Q3 GDP growth at 4-6% is very bullish for gold as it will ignite inflation fears. I sold most of my stock on August 10th. I see Option Arm loan resets, commercial real estate slowdown and continued problem banks, and fiscally weak states, weighing down the economy and offsetting the second part of the stimulus. My gut is we will see growth around 2%. Anything between1-3% seems reasonable.

at some point, inflation expectations will peak. I expect to see gold crash. Right now people are buying gold coins faster than the mint can make them. When the price starts to drop those coins will come on the market and we will have an intense gold bear.