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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Friday, 10 September 2010

gold 2x bear

OK now I am going to seem really schizoid after posting the long-term bullish chart a couple of days ago but this etf chart seems to have bullish potential.......conclusion...? Gold is in a powerful long-term uptrend but vulnerable to a correction here ? Perfectstockalert published a good video highlighting short-term risk,divergence etc and we reversed yesterday below the important 1250 level
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