Hello Peter
I only started to look at T.A a couple of month ago. So, I got a long way to go!
I am a long time gold bug, because I believe in the political aspect of it. The downfall of the japanese markets, should be now the final straw, for the financial markets world wide. The Asian crises should have done it already, but the mighty dollar and the machinations of A.G et al, prevented that at that time. The coil is now very tight. There is no doubt in my mind that the long awaited Gold bull finally arrived, and it will be like the tech craze. You can throw darts at almost any prec. metals stocks, and get away with it.
Charts? Goldstocks have been difficult to read,and the Juniors even more so, to many divergences, influences, manipulations. The stocks usually lead the POG ( price of gold), and so far when they got ahead of themselves, big old Allan would step in, but I believe that he can't hold the bursting dam up, anymore!
............and doesn't history always repeats itself, Regards Eva |