Reasons for my post earlier calling $spx to be at 600!!

I just saw this article today... Click here.. I had a post in January calling for $SPX to test $750 or even $600 and I still believe that by the year end, we will see these numbers on charts unless you believe in miracles or Washington (I am still skeptical that Washington can fix this mess completely or quickly). 

One more thing that's going to happen for sure - the  huge amounts of money that the fed is printing these days, it will somehow flood the markets at some point in future. When that happens, it will inflate everything (corporate earnings included) and gold will officially rally like crazy (potentially upto $2000/oz), unlike the current fake breakout from the penant formation. (click here for more info.)

I wish I could accurately time the coming fall in markets and rise in gold prices. 

Pankaj