Buy Gold Now - Parabolic move to $1500 in the next 3 months - $800 was the bottom as ALL western economies go up on flames. The charts are preety strong too. This is golden chance to go for the home run trade
5) They have followers like AMT4SWA who listen to Alex Lones ( www.infowars.com ) and have bought GOLD for 4 years, sold the stock market heavy in November 2007, and played oil both up and down like crazed highly profitable fools!!! :eek: At some point in the months ahead, the HIGHLY manipulated PLANNED selling of GOLD to hang on to the worlds currencies (until that next planned EVENT) will blow up in the globalists face.....it will be amazing to watch, looking forward to it!!! BTW, "have PHYSICAL, will travel!"
We need to go back to the real gold standard. I think the the monetary system was just one huge bubble (I blame the Chinese). We should revert back a thousand years or so and just carry around little satchels of gold. There's nothing wrong with paying for dinner with gold shavings. Damn gold bugs.
Looks like a pattern of lower highs/lows to me. But hey... If you're gonna have a $5-10K food pantry, a $5-10K guns/ammo collection, why not have a $5-10K bag of 1/10 ounce gold/silver coins.
It's on the trendline of the down channel. A perfect short for me. Here's a chart from earlier in the week that I posted to the Gold's Action thread.
some of Chan's gold charts are about to flip bullish I follow the guy since he does all the charts for me. http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID530404&cmd=show[s47184904]&disp=O
It is still in a downtrend believe it or not. This is a potential great shorting opportunity. It would need to break 900+ and stay above it in order for the current long term downtrend to be broken.