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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

Sunday, 22 April 2012

I am not sure why gold stocks are so weak but the charts are clearly on sell at the moment

 
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2 comments:

  1. Anonymous22 April 2012 at 02:51

    Key is in the monthly. Keep it simple there is no manipulation. We are in a monthly downtrend MACD 12 and the Slow Stoch. have crossed down.. What does this mean? A few months of downtrend until it crosses up so far gold is in trouble...

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  2. Anonymous22 April 2012 at 02:55

    BTW... Weekly Slow Stoch. crossed down Sept 2011 (last time it was at overbought)and MACD 12 last cross down in October of 2011 and has not crossed up till FEB 2012 but continued down again

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