This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
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
Jim Willie discusses the implications of a Deutche Bank failure. http://www.youtube.com/watch?v=Y9w1lo-X7ts
Do you have an opinion on what Gold or the metals in general will do? I could see where a new high would cancel all fear again which should be bearish for Gold.
Ive just done a post on gold.I think the 20 and 40 dma's are as good a giuide as any.There seems to be a disconnect caused by government manipulation and the strong dollar.I am fundamentally very bullish on gold for the next few years. Was Jim Rogers saying he would buy at $1000 recently ? We could certainly fall lower if 1200 breaks again
People who understand the "paper price" of gold vs the actual value of Gold get it. What the paper price does is irrelevant for LT holders. What a great opportunity to load up. Marginal cost of production ~ 1200 Au, 24 Ag. No take no genius to analyze. W