Prices are soon to fall again and already said time and time again over different section here too that price will eventually fall into the mid $400s before even climbing back up to high 700-800 area... Should see a few more drops in the 500s to 470s areas and possible to 300 mark depending on the last part of this month and 2nd quarter of next month.
Looks like my prediction from my quoted post is about right and people never listen to me. I did warn for this that it was going to happen back in mid July. I know where it is currently going to go to and its not looking good. Eventually mid SEP towards Nov is when it will begin to recover. Enjoy the low prices.
November is when the last bubble started. If we don't see a bubblish scenario, people might leave the market looking for easy money somewhere else, so there is a chance that things won't be better at November
Could be that people are leaving the market for now. Not sure where else 'easy' money is.
In an efficient market there is no "easy" money as there is enough information to know what will likely impact prices in the near and medium term future. In order for anyone to make any serious ROI they will need to invest a lot of time in doing research and monitoring various markets for potential opportunities.
There is literally nothing about this statement that makes sense other than briefly defining an efficient market.
First off, this is nowhere close to remotely being an efficient market. Secondly, assuming an efficient market, the second statement about making "serious ROI" by "invest[ing] a lot of time doing research" is EXACTLY the contraction of the efficient market claim in the preceding sentence!
