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


To: Zincman who wrote (42625)4/15/2013 11:44:52 AM
From: cmg  Read Replies (1) | Respond to of 48092
 
Gold Technical Support
Posted on April 15, 2013 by Armstrong Economics

Reply

The Weekly Breakline for this week is 1398.6 and this will provide some resistance at this point. The Monthly Breakline, however, lies at 1365.6. After that, support drops to 1310 area which should hold short-term. The major support remains at the 1150 level followed by 1035 and 970.

We will be sending out a special report today regarding timing



To: Zincman who wrote (42625)4/15/2013 11:45:27 AM
From: benwood2 Recommendations  Read Replies (2) | Respond to of 48092
 
Control doesn't necessarily imply direction. You'd have to be in the inner circle to know precisely what they will attempt to accomplish. Anybody can pretend to know, and being right might allow one to dream that they actually do know, but things don't necessarily unfold as directed nor predicted.

And with any grand experiment, attempts to control eventually unravel somewhere. Noland suggests that the unraveling is happening in commodities, esp. gold, a byproduct of attempts to inflate the equities market.

A multi-trillion dollar effort to manipulate any market is going to produce profound dislocations and destruction, including, eventually, the very thing they attempt to boost (the actual economy).



To: Zincman who wrote (42625)4/15/2013 12:26:44 PM
From: Mike M21 Recommendation  Read Replies (2) | Respond to of 48092
 
Maund clivemaund.com