Saturday, April 26, 2008

Prechter: Gold and Silver

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1 comments:

Anonymous said...

Prechter's a smart guy, but he doesn't seem to think there is any chance of a black swan. He looks at the past, looks at his waves and just ignores things like the fact that the USD is teetering on the brink of losing its status as the world's reserve currency. If China and Japan bail on buying our debt, and they will do this soon IMO, the US is screwed and gold will skyrocket.