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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: Wade who wrote (32087)	10/20/2011 12:34:16 AM
From: gold$10k	7 Recommendations Read Replies (1) \| Respond to of 48092

IMO it's just the way markets work. Except for the midnight plunge on 9/26, the trading range of $1585 - $1680 was established during the last week of September and here we are not quite a month later ready to re-test the initial low just in time for OPEX. This should not be a surprise. Many of my posts of the past 8 or 9 days pointed to this most likely outcome. It's a classic pattern and you'll probably see it play out quite a few more times before this gold bull market ends.

To: Wade who wrote (32087)	10/20/2011 11:01:23 PM
From: Wade	Read Replies (1) \| Respond to of 48092

Ha... kingworldnews.com "As I said earlier, we had a major physical buy order today. The Chinese bought a massive amount of physical today at the lows and that is why the market turned where it did because of the intensity of Chinese buying. Having said that, most of the physical orders are sitting under the market now. There are major buy orders that did not get triggered yet and they sit between $1,585 and $1,605. We are talking about massive tonnage.” Unbelievably this is part of a continued transfer of wealth from the West to the East. While our central planners try to figure out how to keep the broken system functioning, the cost to the West is we keep emptying our vaults of gold and shipping it to the vaults in the East."