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Message: James Dines Says, and I agree

James Dines Says, and I agree

posted on Jul 06, 2008 07:47AM

I had formulated a theory many months ago about why the juniors aren't moving, and I recently heard a lecture by James Dines, and he said the exact same thing I have been thinking, so I'll lay it out for you all here. The junior slump is based primarily on a lack of belief. People are seeing gold going up but they still don't believe in it. They still don't believe it's for real. To most observers this whole thing is still primarily a fluke, a temporary anomaly interfering with the Dow's inevitable rise to 1,000,000 or somewhere up there. How you ever wondered where the rise in the Dow will stop? It has to stop sooner or later, you know. All things stop. Sure the naked shorts play a role, but we're talking about a few nuts out there running around on the battle field with hand guns trying to hold things up. There is a force massing and getting ready to enter the battlefield, and that force will simply wipe them out. It will be like a tidal wave when it happens, and it's not happening yet, but it will. Bull.

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