SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Claude Cormier who wrote (63769)2/26/2009 10:07:29 PM
From: Proud Deplorable1 Recommendation  Read Replies (2) of 78411
 
and here is mine....it all has nothing to do with charts and Prechter has been discredited and Gartman, if he weren't working for the govt. would be also.

Gold is down for one one reason and that is gold over 1,000.00 at this moment is so embarrassing to Obama that they had to do what they usually do.....manipulate it down but they were having a harder and harder time doing this so they let it run to the psychological barrier of 1,000.00 hoping that the tech people would aid them in stopping its rise, which worked. Nothing whatsoever has been caused by TA in the last 6 months so why should it start now? TA is dead IMO.

How many times have seen someone say......"gold hit 1,000.00 and couldn't hold" and then predict its downfall because of it?. But they cannot say why this phenomenon happens or if they do they blame it on TA and charts. Man that's dumb. True technicians have better explanations than the "psychological" level...which is not TA, it's fundamental because its emotional. Just the same, these clowns want some award for their rocket science.

ANYONE can make the prediction that when gold hits 1,000 USD it will get hammered. Does this make them worth listening to? There are lots of a-holes out there who can cause the price decline by merit of their celebrity status. Look what Dines did to the Uranium sector as an example.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News