Is he one of the legion of commentators that will be fooled when the US shows 1 to 2% growth in 2012?

Economic Doomsday? Or Opportunity of a Lifetime? | Offshore and Domestic Asset Protection Planning for Entrepreneurs and Investors

Bobby – What about oil and gold?

Roger – Oil and gold could drop by as much as 50% before the end of 2012 as the global recession takes hold – they won’t stay there long and will provide the buying opportunity of the decade if not longer, especially for gold. Bobby – What about US equities?

  Roger – The S&P500 could drop by 30-50% because of the steepness and depth of the recession.  It may catch investors and traders unprepared.

 

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Recession or suprise! NOT recession?  What, really, will this mean for the Gold price?  Stay tuned, this is on my radar and I should begin developing an  opinion within the next couple weeks.  For the moment I am still analyzing the analyzers and I don't have a firm opinion yet.  

For the time being please refer to Mr. Moolman's work to consider prognostications such as the one above from a deeper, more historical perpective - links to the posts on this blog are here:

 

The Crude Oil and Gold Trading Room: The Moolman Prophecies: Dow 6000? or 1000? - Gold Rocketship Imminent

1973-1974:  Dow Minus 50 ish Percent, Gold Up more than 300%

The Crude Oil and Gold Trading Room: Moolman: Simple, Historical, Logical: We Need a Crashed Dow to See Highest Gold Prices


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