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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (60735)8/11/2008 3:56:53 PM
From: jennifersilversun  Read Replies (1) | Respond to of 78419
 
65 week moving average is the Aden Sister's TA for gold bull's market.



To: marcos who wrote (60735)8/11/2008 7:48:30 PM
From: Valuepro  Read Replies (1) | Respond to of 78419
 
My post #60732 mentions something about this at the quoted author's point number 6. A couple of interesting graphs there too.

He uses a 60-week moving average attributable to Brien Lundin, and looked at $832 (+/- $25) as the bottom of the current trend line.

832 - 25 = $807 as a possible lower limit to POG, so long as the trend is to be maintained.

VP in AZ



To: marcos who wrote (60735)8/12/2008 2:29:18 AM
From: lbs1989  Read Replies (2) | Respond to of 78419
 
Dear Marcos,

While no one can predict the bottom I think scrapping up "fresh ammo" for stinky bids is the right move.

Nothing fundamentally has changed. The US financial system is toast. Investing in real money (gold and silver bullion) and mines that produce it has to be a no brainer.

Then again, Wayne always said I was a "no brainer" :)

Semper Fi,


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