So.. the wife and I were having a conversation the other day.. it was the first day the markets had a huge selloff of 400 points or something.. people were going nuts.. gold was climbing even higher.. the sky was falling.. since then.. the market has been up and down.. all over the place.. in any case.. during our discussion.. I made a prediction… and now.. Im posting it here for the fuck of it.. so that when the time comes, I can come back and read it and see whether I was right or not. I have no horse in this race.. so I don’t give a shit one way or the other. I say Let the markets tank, because then the fuckers screwing the working man around will feel some of the pain we have all felt for the past few years. But, that’s not what I think is going to happen.. here’s my prediction from nostrildamus (yeah.. I know its not really spelled that way.. blow me.) moment..

….. so everyone is taking their money from the markets and the commodities..and putting it all into gold.. give the market a few more days.. maybe 2 - 3.. and start buying stocks that are tanking..shit will start to rebound slowly after some selloff.. then.. it will climb slowly towards the end of the year.. then gold isgoing to start tanking once the economic numbers start coming out at the end of summer and show things were better than expected.. and by the end of the year.. unemployment is down to 8 percent..gold should be dropping below $1000.. and by the end of next year.. it will be around $700…

This entry was posted on Friday, August 12th, 2011 at 10:37 pm and is filed under Rants. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.