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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (63616)6/13/2006 11:10:54 PM
From: UncleBigs  Read Replies (5) | Respond to of 110194
 
why couldn't gold go back to 250 and form a double bottom before beginning it's next bull market?

the last 5 years has been a false dawn....a debt induced spending binge that lifted all boats. now it's time for debt liquidation.

Plunging jewelry sales and no real economic use for gold means it likely it gets shedded quickly in a nasty recession.



To: loantech who wrote (63616)6/14/2006 1:48:28 AM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
the lt trendline is still intact at 490

Mish