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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

Wednesday, 21 March 2012

Rio Tinto

The mining stocks are not sending out a pretty message...global recession ahead ?


Posted by at

2 comments:

  1. Trading Sunset21 March 2012 at 12:40

    My favourite stock type, certainly an impressive H/S formation.

    Bargains to come later in the year..maybe.
    --

    Yours..
    watching GDX.

    ReplyDelete
  2. Anonymous21 March 2012 at 13:02

    HELLO C R ;

    I AGREE WITH P D , A NICE LONG TERM CHART THAT TRULY REFLECTS THE PROBLEMS IN THE P M'S AND THE THEIR STOCKS AND INDEX'S .

    I AM PERSONALLY LOOKING FOR THE LOW 1500'S AND HIGH 1400'S FOR GOLD AND THEN , WE WILL HAVE TO SEE WITHER IT WILL RALLY OR NOT FROM THAT AREA . IT APPEARS WE MIGHT BE HEADED FOR DEFLATION , DESPITE WHAT THE FED RES AND THEIR ATTEMPT TO INFLATE .

    THANKS C R , ALL THE VERY BEST TO YOU ALL . D-KNOX.

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