The S&P 500 Index, $SPX, traded by SPY, climbed 2.6% to close the week of January 4, 2013 at 1466, which is likely an Elliott Wave 2 High from its 1,565 on October 9, 2007; it may very well enter an Elliott Wave 3 Down commencing the week of January 11, 2013; this Wave, when it does come, will wipe out virtually all of previously accumulated fiat wealth; one’s only protection is to invest in and take physical possession of gold in bullion coins or in Interet Trading Vaults such as Bullion Vault.
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The S&P 500 Index, $SPX, traded by SPY, climbed 2.6% to close the week of January 4, 2013 at 1466, which is likely an Elliott Wave 2 High from its 1,565 on October 9, 2007; it may very well enter an Elliott Wave 3 Down commencing the week of January 11, 2013; this Wave, when it does come, will wipe out virtually all of previously accumulated fiat wealth; one’s only protection is to invest in and take physical possession of gold in bullion coins or in Interet Trading Vaults such as Bullion Vault.
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