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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: philv who wrote (24064)1/8/2006 9:18:58 PM
From: sea_urchin  Read Replies (1) | Respond to of 81023
 
Phil > but what does you T.A. inform you lately

It's in a parabolic curve going upwards and to keep within the curve it has to keep accelerating, which it is doing at the moment.

stockcharts.com[l,a]dalaynay[dh][pd50,2][ilb14!la12,26,9]

As you can see by drawing some lines under the recent part of the curve, the "growth" rate is now of the order of 100% pa -- which is clearly unsustainable for any length of time. Meanwhile, and if it keeps going, the gold price could jump even a few hundred dollars. But what is important to recognise is that there is a time compression. Movements that would normally take months are now happening in days, or even hours. That's why you have to watch like a hawk.