Friday, December 4, 2009
A 50% PULL BACK FOR THESE LARGE MOVES IS OFTEN THE BOTTOM OF THE PULLBACK
BUT LET GOLD CONFIRM THE BOTTOM BY MOVING
BACK UP, PULLING BACK, THEN UP AGAIN IN A 2ND
LEG UP...AT A MINIMUM BEFORE ENTERING THIS
MARKET...UNLESS YOU ARE A CASH BUYER.
YOU SHOULD BE A CASH BUYER AT THIS LEVEL AND
BUYING ALL YOU CAN AFFORD TO BUY AS QUICKLY
AS YOU CAN BUY IT. THESE LOWS WON'T LAST FOR
LONG, IN FACT, GOLD MAY RISE FAR AND FAST TODAY.
GOLD FUTURES BEING SOLD OFF AT A RATE OF ABOUT 3,000 CONTRACTS PER MINUTE...THE SHORTS ARE THROUGH POUNDING GOLD DOWN YET
THE LARGER VIEW
GOLD HAS PULLED BACK ALMOST 50% OF THE ENTIRE
MOVE UP FROM 1135.80, THE LAST INTERMEDIATE LOW.
THE WHITE UPTREND CHANNEL IS THE CONTROLLING
TREND CHANNEL.
THE BLUE DOWN TREND CHANNEL BOTTOM LINE DROPS
TO INCLUDE TODAY'S LOW PRICE, AND WILL RESOLVE UP.
TODAY'S GOLD ACTION IS TOTALLY A RESULT OF 'MOB'
PSYCHOLOGY WHICH CAUSED SMART TRADERS TO SELL
THEIR GOLD ONLY BECAUSE THE IDIOTS DID.
A CULTURE IS HELD BACK BY ITS WEAKEST LINK.
IN THIS CASE IT'S THE MORONS THAT DON'T YET BELIEVE
GOLD IS THEIR ONLY LIFELINE AND TRADE IT FOR SOON
TO BE WORTHLESS PAPER MONEY WHEN THEY BELIEVE
THE FINANCIAL PROPAGANDA BEING FED TO US DAILY
BY OUR UNCEASING MEDIA SOURCES THAT ARE CONTROLLED
BY THE 'MONIED ELITES' IN THIS WORLD.
TRUTH WILL SOON PREVAIL
HECTIC MORNING FOR GT
This morning's gold move, due to the 'so-called' lowered unemployment statistic
(totally false and engineered by the government to calm the restless masses)
caused problems for me with my accounts.
So I didn't have time to post any charts until now as I was busy moving funds
between agencies and everyone is getting slammed because of this market.
This should put you on alert as to how things will be when the markets go
crazy on a regular basis...if they can even stay open during a crash.
Have your cash gold IN YOUR POSSESSION, and enough paper money to
transact necessary business for at least two months, as access to your assets
could be eliminated by a bank holiday or Martial Law being instituted at the
drop of a hat.
There are rumors of our money being exchanged for NEW CURRENCY some time
in January 2010 which will reduce your assets by TWO THIRDS. (ONE 'new' money(s)
for THREE 'old' money(s)
Gold will be right back up as soon as some degree of logic returns to the gold market,
hopefully today.
I will post a few charts today, but am very tired and need to do some outside
work today before snow arrives soon. We are going into single digit temperatures
for the next week and I will be going into hibernation mode with the bears.
Keep your wits about you and don't be distracted by these governmental shenanigans,
as they will become more aburd with each coming day.
(totally false and engineered by the government to calm the restless masses)
caused problems for me with my accounts.
So I didn't have time to post any charts until now as I was busy moving funds
between agencies and everyone is getting slammed because of this market.
This should put you on alert as to how things will be when the markets go
crazy on a regular basis...if they can even stay open during a crash.
Have your cash gold IN YOUR POSSESSION, and enough paper money to
transact necessary business for at least two months, as access to your assets
could be eliminated by a bank holiday or Martial Law being instituted at the
drop of a hat.
There are rumors of our money being exchanged for NEW CURRENCY some time
in January 2010 which will reduce your assets by TWO THIRDS. (ONE 'new' money(s)
for THREE 'old' money(s)
Gold will be right back up as soon as some degree of logic returns to the gold market,
hopefully today.
I will post a few charts today, but am very tired and need to do some outside
work today before snow arrives soon. We are going into single digit temperatures
for the next week and I will be going into hibernation mode with the bears.
Keep your wits about you and don't be distracted by these governmental shenanigans,
as they will become more aburd with each coming day.
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