Indicator That the Bottom is Here!

When this guy's pitching it, gold will have peaked.



<img src="http://4.bp.blogspot.com/_gBxW-GSnE-I/SWQNA9fG7rI/AAAAAAAAAWY/SoeA0irMPwo/s400/rookeShieldsBackontheBoards008-vi.jpg" alt="" />
 
[quote author="tenmagnet" date=1238716262]When this guy's pitching it, gold will have peaked.



<img src="http://4.bp.blogspot.com/_gBxW-GSnE-I/SWQNA9fG7rI/AAAAAAAAAWY/SoeA0irMPwo/s400/rookeShieldsBackontheBoards008-vi.jpg" alt="" /></blockquote>


Mr. Kotteeer! (looks like him)
 
[quote author="skek" date=1238649596][quote author="tenmagnet" date=1235442529]I think gold is definitely heading lower.

Based on the fact that everywhere I look there are cash4gold or invest in gold commercials on t.v.

Getting more run than even the Sham Wow guy.</blockquote>


Ten, seems your Sham Wow buddy got himself in a little <a href="http://www.thesmokinggun.com/archive/years/2009/0327092sham1.html">trouble</a>.



<img src="http://i.cdn.turner.com/trutv/thesmokinggun.com/graphics/art4/0327092sham1.jpg" alt="" /></blockquote>


He looks better on tv... man he looks old
 
[quote author="halfnote19" date=1238719799][quote author="skek" date=1238649596][quote author="tenmagnet" date=1235442529]I think gold is definitely heading lower.

Based on the fact that everywhere I look there are cash4gold or invest in gold commercials on t.v.

Getting more run than even the Sham Wow guy.</blockquote>


Ten, seems your Sham Wow buddy got himself in a little <a href="http://www.thesmokinggun.com/archive/years/2009/0327092sham1.html">trouble</a>.



<img src="http://i.cdn.turner.com/trutv/thesmokinggun.com/graphics/art4/0327092sham1.jpg" alt="" /></blockquote>


He looks better on tv... man he looks old</blockquote>


I was gonna say the same thing. No way he looks 44 on TV, but there easily looks that age. Judging from the pics, it looks like that chick won the fight.
 
I'd say the fact that all networks on TV and every freaking blog I've read over the past 36 hours is calling the bottom in, I know for a fact we are maybe half way there, at best!
 
<em>"Systemic risk is mitigated when individual firms mitigate their own risks. It is not mitigated when those risks are centralized in a few large firms with a government backup. That creates systemic risk. Decentralization and risk-avoidance mitigate systemic risk. Both of those are encouraged in money, capital, and banking markets not controlled and regulated by the federal government and the FED.



The systemic risk of counterparties and the systemic risk of unknown valuations of assets held by financial firms are no closer to resolution today than a year ago. We now have new and enhanced systemic risks. They include the risk of the FED's balance sheet, currency risk, and government bond default risk. There is actually an enhanced risk of wealth destruction due to the programs being broached by the Obama government that promise a stagnant, over-taxed, and inefficient economy. A drop of stock prices of 75-90 percent is not out of the question."</em> - Michael S. Rozeff, LewRockwell.com
 
Where is AsianInvasian on this thread?





For those of you who think that something in Obama's present stimulus plan or Bernanke's buying of treasuries in order to lower interest rates is going to fix the housing market, read the following, (<a href="http://my2centsonline.com/issues/mtc_2009/mtc_04032009.php">Andy Sutton's 2 cents</a>), and ponder just what help the $12 trillion the government has spent so far has done to fix anything.
 
[quote author="graphrix" date=1235397693] be fearful when others are greedy and greedy when others are fearful.</blockquote>


I went to an 8-hour conference and that statement was the only thing I wrote in my notebook the entire day. The speaker was Warren Buffett. He also said something along the lines of make sure your company is in a good enough position that an idiot can run it one day, because someday, an idiot will, just like our country. Bush was still President at the time of the conference.
 
Commercial Real Estate about to implode. Check.

GM about to go BK. Check.

Next wave of Residential Forclosures coming. Check.

Oil Glut because of lack of demand. Check

IHB decides to get in the RE Business. Check. "Its a good time to buy"



The Bottom is still far away. The question is. Is this the seventh

inning stretch yet ? When the equity markets test new lows.

Then that may be the latter part of the game.

Right now just a Bear Rally. We need way more blood in the streets

before you can call a bottom.
 
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