Message:

<p>[QUOTE=&quot;InfleXion, post: 1315218, member: 29012&quot;]This is where I&#039;m at too. It&#039;s conflicting. I&#039;d much rather be stacking at $30/oz than $50, but it would be nice to sell a little and turn it into something else useful. I&#039;m waiting for the price to break $70 before I think about selling any though since $75 is the next fibonacci resistance level after $50, and even then don&#039;t plan on selling much. If it doesn&#039;t get there then I&#039;m just holding on to it.&nbsp; </p><p><br /></p><p>In 2004 the price broke from $9 down to $5. Then in 2008 it dropped from $21 to $10. This year we went from $49 down to $26. If this trend continues by order of magnitude (133% increase each time, but each time coming 1 year sooner than the previous span took) the next blowoff top will be around $115, and if the timing increments continue decreasing as they have that would be slated for 2013. Today&#039;s chart looks enormous, but the chart that looked enormous in 2004 was dwarved by 2008, and now it&#039;s just a little blip on the radar. This doesn&#039;t mean the trend won&#039;t be broken, but it is still a current trend.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in