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

To: carranza2 who wrote (25141)	12/3/2009 8:48:46 AM
From: Real Man	Respond to of 71463

The gold market is so small, a single buyer like Paulson can move it. Not to mention if a few like him jump on the bandwagon. This happens during mania, so gold is not acting unusual. I've seen RSI=90 in the past, but that was followed by scary crashes. I'm not expecting a crash, more like a flat correction now if you look at it from a longer term perspective. On a short term basis gold could lose $100 quickly, but that is all I am expecting -g-

To: carranza2 who wrote (25141)	12/3/2009 11:15:57 AM
From: Real Man	5 Recommendations Read Replies (2) \| Respond to of 71463

Apparently, Bill Gross is piling into gold. If so, he can alone drive it literally to da moon. Bill Gross is much bigger than entire gold market. Read about it here: minyanville.com This is a sign of the beginning of a manic run. They don't pile in all at once and use the drops to accumulate -g-

To: carranza2 who wrote (25141)	12/3/2009 11:41:17 AM
From: Real Man	Respond to of 71463

Yes, I read the report, and a few things of that nature from the bugs. I doubt it. I think big money is entering the market because the Fed is printing and gold is the only bull in town. If so, a chart like this for gold will not be a surprise for me at all. Discipline required to unload a bit here, but the dynamics of the gold market is changing, making annual jewelry demand variations not very relevant. In other words, gold no longer tops in March and bottoms in the Summer during manic runs.