Thursday, December 17, 2009

GOLD MOVING UP IN EARLY EVENING TRADING



IT WILL BE INTERESTING SEEING WHAT GOLD DOES
FROM HERE THROUGH THE CLOSE ON FRIDAY AHEAD
OF THE XMAS WEEK WHICH USUALLY HAS THIN
VOLUME. THIS YEAR XMAS WEEK TRADING COULD BE
VERY VOLATILE AHEAD OF THE END OF THE YEAR.
I EXPECT GOLD TO SOAR IN THE FINAL WEEK ESPECIALLY
WITH THE GOLD PRICE AT SUCH DEPRESSED LEVELS.
THIS YEAR END BLOWOUT HAS HAPPENED EVERY YEAR
FOR AT LEAST THE PAST FIVE YEARS AND THEN RALLIES
STRONGLY UNTIL MARCH