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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (25124)12/2/2009 2:26:42 PM
From: ayn rand  Respond to of 71403
 
religion and gold

.......................................................

"basically an accident waiting to happen"

"If it is true, the next phase in the gold bull market will be a religious
experience for anyone unfortunate enough to be short of gold"

..............

from the link you provided



To: carranza2 who wrote (25124)12/3/2009 4:59:54 AM
From: Real Man  Read Replies (1) | Respond to of 71403
 
Technically gold reached one upside target and is very
overbought. It should correct, and could do a sharp trip to
1100-ish. Prepare your stomach. I've started to unload some
into strength here a couple of days ago, with a goal to unload
1/3 of paper gold while this keeps going, which is about 10%
of what I have. I'll stomach the rest. Even thinking of
some hedges here. The metal has gone wild.

Jesse has a good chart indicating that wilderness. -g-

3.bp.blogspot.com



To: carranza2 who wrote (25124)12/3/2009 5:17:39 AM
From: Real Man  Read Replies (1) | Respond to of 71403
 
It's unusual overall for gold to end a run in December,
so more upside is likely coming after a correction.
That also means clownbuck bounce. -g-