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	<title>Comments on: Blind Drunk Suggestions</title>
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	<link>http://bl1y.com/?p=2492</link>
	<description>The Life and Adventures of a Defunct Big Law Associate</description>
	<lastBuildDate>Fri, 24 May 2013 09:49:46 +0000</lastBuildDate>
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		<title>By: JP</title>
		<link>http://bl1y.com/?p=2492&#038;cpage=1#comment-50772</link>
		<dc:creator>JP</dc:creator>
		<pubDate>Wed, 24 Aug 2011 21:49:44 +0000</pubDate>
		<guid isPermaLink="false">http://bl1y.com/?p=2492#comment-50772</guid>
		<description>Not a Lawyer: Gold seems to be in a major correction with a secular bull market.

As someone who doesn&#039;t buy or trade gold or silver, my analysis is that gold will ultimately enter a major parabolic blowoff and then crash.  I wanted to buy it back in 2003, but my conservative wife wanted me to dishoard my debt first.

I&#039;m more concerned about hedging my core GRZZX position with IWM (which I did yesterday before the close).   

We really won&#039;t know anything about Gold, Silver, or the market until Bernake tells us what he&#039;s going to go at Jackson Hole.  Bernake may feel like killing this bear market in stocks.  That will make me sad. :(  

I have a stay at home wife.  Actually, she&#039;s only partially stay at home.  She&#039;s a part-time hostess at a beach restaurant.  It comes with perks like getting your photograph taken with Will Ferrell (that was about two weeks ago).</description>
		<content:encoded><![CDATA[<p>Not a Lawyer: Gold seems to be in a major correction with a secular bull market.</p>
<p>As someone who doesn&#8217;t buy or trade gold or silver, my analysis is that gold will ultimately enter a major parabolic blowoff and then crash.  I wanted to buy it back in 2003, but my conservative wife wanted me to dishoard my debt first.</p>
<p>I&#8217;m more concerned about hedging my core GRZZX position with IWM (which I did yesterday before the close).   </p>
<p>We really won&#8217;t know anything about Gold, Silver, or the market until Bernake tells us what he&#8217;s going to go at Jackson Hole.  Bernake may feel like killing this bear market in stocks.  That will make me sad. :(  </p>
<p>I have a stay at home wife.  Actually, she&#8217;s only partially stay at home.  She&#8217;s a part-time hostess at a beach restaurant.  It comes with perks like getting your photograph taken with Will Ferrell (that was about two weeks ago).</p>
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