Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Dec 26 4:00 PM EST

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To: GROUND ZERO™ who wrote (3703)	5/9/2010 2:45:14 PM
From: Mr. Aloha	2 Recommendations Read Replies (1) of 220778

With gold breaking out to a new all-time closing high on the weekly chart or in all charts in other currencies besides the USD, how do you see gold looking toppy now? [url]http://stockcharts.com/h-sc/ui?s=$GOLD&p=M&yr=10&mn=0&dy=0&id=p76252239451[/url] Looks like a healthy bull market to me, especially with fiat currencies in a race to devalue in order to service their increasing debt burdens. We are only now seeing financial advisers starting to say investors should have a portion of their portfolios in gold, and many are scared to death of putting money in the stock market after what happened on Thursday. We should see a steady flow of funds from other currencies and markets into gold and silver, the hard currencies.

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