GOLD MOVES UP ON LIGHT VOLUME

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

VOLUMES REMAIN ON THE LIGHT SIDE WITH NO LARGE PULSES OF VOLUME IN EITHER DIRECTION

STOCKS, OIL STARTING TO RISE

EURO STILL QUIET

YEN TURNING DOW

DOLLAR MOVES BACK UP WITHIN ITS FLAG FORMATION

THE SHORTS WILL TRY TO KEEP GOLD DOWN BEFORE THE CRIMEX OPEN TO KEEP TRADERS FEARFUL OF A FURTHER FALL, BUT THIS IS WHERE YOU BUY IN

GETTING CLOSE TO THE TIME OF THE USUAL PRE CRIMEX OPEN RALLY

THIS ONE IS HAVING TROUBLE GETTING TRACTION

BUT MAY START MOVING UP MORE STRONGLY IF

THE PRICE DOESN'T MOVE LOWER FIRST

WILL THIS LOW HOLD? WE SHALL SEE

DOWN VOLUME IS NOT HORRIFIC

BUT STOCKS, EURO, OIL ARE DOWN

AND DOLLAR IS UP.

THINGS COULD CHANGE IN AN INSTANT AT THESE

LEVELS

I WOULD CERTAINLY BE A BUYER AT THIS GOLD PRICE

EVEN IF IT SLIPS A BIT MORE AS IT SHOULD RALLY

VERY FAST, VERY SOON

USUALLY, GOLD WILL HOLD AT THE 50% RETRACE POINT OF THESE MAJOR DOWN MOVES AND RALLY

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

DOLLAR IN A FLAG PATTERN THAT RESOLVES UP.

I JUST CAN'T SEE THE DOLLAR GOING UP WITHOUT

MAJOR INTERVENTION

GOLD BASHING BEGINS EARLY AHEAD OF THE CRIMEX OPEN

GOLD KNOCKED DOWN TO THE LOWER DOWNTREND

CHANNEL LINE ON MODERATELY LIGHT VOLUME

FOR THIS TIME PERIOD

THE SHORTS AREN'T GOING TO MAKE THIS RALLY BACK UP EASY

SO FAR, SO GOOD FOR A SUSTAINED RALLY

STARTING TO LOOK MORE LIKELY THAT GOLD WILL BE MOVING UP FROM HERE

IS THIS THE START OF THE BIG RALLY BACK UP...I HOPE SO!

GOLD MAY BE STARTING A RALLY FROM HERE

THIS SELL OFF MAY HAVE STARTED ON PROFIT TAKING,

BUT ONCE IT STARTS FALLING, THE SHORTS DO

EVERYTHING IN THEIR POWER TO KEEP IT MOVING DOWN.

THEY WILL BE HITTING IT WITH EVERYTHING THEY'VE

GOT TO KEEP IT FROM RISING FROM HERE...OR, IF

THEY'RE SMART (they're not!), THEY WOULD COVER

THEIR POSITIONS AND GO NET LONG BEFORE IT'S

TOO LATE AND THEY GET WIPED OUT WHEN GOLD

GOES WHERE IT 'HAS' TO GO IN DOLLAR TERMS

FOUR HOUR S&P 500 CHART

STOCKS WILL EITHER COLLAPSE AS INVESTORS

ATTEMPT TO HOLD ON TO WHAT'S LEFT OF THEIR

ASSEST, OR SKY ROCKET AS INCREASINGLY WORTHLESS

DOLLARS FLOW INTO STOCKS IN HOPES OF INCREASING

THEIR VALUE. PROBLEM IS, WHEN THE STOCKS ARE

CASHED IN FOR DOLLARS, THOSE DOLLARS WILL BE

WORTHLESS TOO.

IT

FOUR HOUR TBOND CHART

THE BOND MARKET HAS TO CRASH EVENTUALLY

AS HIGHER INTEREST RATES WILL BE REQUIRED

TO MAKE THE DOLLAR ATTRACTIVE TO BUYERS

OF OUR DEBT, WHICH WILL ONLY GROW LARGER

UNTIL HYPER INFLATION MAKES THE PAPER

CURRENCY WORTHLESS

FOUR HOUR CRUDE OIL CHART

A GIANT DOWN FLAG THAT WILL RESOLVE UP

AS THE DOLLAR COLLAPSES. OIL BASED FUELS

WILL RISE AND CRIPPLE THE ECONOMY

FOUR HOUR YEN CHART

A STRONG YEN IS NOT GOOD FOR JAPANESE EXPORTS

AND IS NO LONGER THE CARRY TRADE CURRENCY

OF CHOICE. NOW IT'S THE DOLLAR

FOUR HOUR EURO CHART

THE EURO'S TOP IS 1.50 SO FAR.

IT'S IN A WIDE TRADING RANGE ON THE RIGHT

OF THE BIG DIP IN THE MIDDLE OF THIS CHART

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)

DOLLAR IS UP, BUT NOT THAT MUCH