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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: pocotrader who wrote (143985)	1/28/2009 7:00:12 PM
From: Boolish	Read Replies (1) \| Respond to of 313114

Gold is a tricky one to figure out...if anyone throws out a target that is based on anything other than TA it is not worth the paper it is printed on. Too many factors at play that none of us can judge at one point in time. Inflation/deflation, USD and other currency moves, fear bid, geopolitical... Two things that give me a long bias are its ability to hold value when all other assets have being deflating....and most recently its ability to buck USD strength. Talk about posturing for the crowd. Also there are still hoardes of non believers.... That said the COMEX raids on monday mornings and massively volatile swings in gold equities make it difficult to stand resolute in a bullish conviction. Next support level is 860...look for the seniors to lead the next leg up in the physical.

To: pocotrader who wrote (143985)	1/28/2009 7:40:25 PM
From: SwampDogg	1 Recommendation Read Replies (1) \| Respond to of 313114

The good news is you won't have to wait long:) IMO this things busts wide open real soon It is simple Inflation = money supply growth The more money they create out of thin air the higher gold is going They are now priting money and nobody is buying it so they have to buy it themselves (ie debt to create jobs goes on Fed balance sheet) not to China or Japan The real idiots are the ones that say we have no inflation now. They just don't get it but they will really soon. hey #144000 As Sinclair has said...This is it!!!