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Re: [TSP_Strategy] Gold to Plunge to $350/oz?

 

FWIW -- It took about 17 months for SPX to drop from over $1500 in October 2007 to under $700 in March 2009. 

On Mon, Aug 3, 2015 at 9:14 AM, sarah_oz@yahoo.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:
 

If I apply to his analogy "Erb acknowledges that gold's true believers will find such a prospect outrageous, if not simply incomprehensible. But, he asks, why should gold behave differently than any other asset, each of which fluctuates markedly from the extremes of over and under value?", to the stock market, then how far the S&P has to go down to fit his analogy?  Just curious...
Could SPX may also go down below $700 in some day?

Not in a day. Circuit breakers.


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Posted by: JM Bud <jmbud2@gmail.com>
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Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.

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