Friday, July 17, 2009

2:15PM PDST AFTERNOON CLOSE FOR THE WEEKEND

Gold managed to hold on to its gains today. This is VERY significant.
Gold is in the "Armstrong" window where he predicts gold will take off for new highs.

The selling pressure from the guv'mint, via their sycophants at the Crimex
and the bullion banks, will not cease until they realize that their short positions
are going to bankrupt them as gold seeks the dollar price level it requires to reach a balance
with all the worthless paper dollars that has been injected into the money supply
that is a defacto case of the world's worst case of hyper inflation ever created.