Thursday, December 3, 2009

GOLD DROPS AS STOCKS, OIL, EURO ACT WEAK


NEW YELLOW DOWNTREND CHANNEL, LINES REDRAWN, GOLD FORMING A LITTLE LEDGE TO FALL FROM



STOCKS, OIL, EURO LOOKING LIKE THEY MIGHT
MOVE DOWN AGAIN BEFORE THE CRIMEX CLOSE

GOLD ATTEMPTS TO TURN UP AFTER PULLING BACK TO THE 1ST 75% RETRACE POINT


STOCKS, OIL, EURO DOWN
BONDS, YEN UP
DOLLAR DROPS A BIT

SENATOR JIM BUNNING (R) KENTUCKY JUST BLOWS BERNANKE'S DOORS OFF IN THE PRE-CONFIRMATION HEARING

BE SURE TO LISTEN TO BUNNING'S SPEECH WHICH SHOULD
BE ON YOUTUBE TONIGHT.
DO NOT LISTEN TO BITS AND PIECES OF IT.
LISTEN TO THE WHOLE THING.

HE CUTS BERNANKE A NEW ASSHOLE BY DESCRIBING EVERYTHING
THAT BEN AND GREENSPAN DID TO DESTROY OUR ECONOMIC SYSTEM.

THESE PEOPLE SHOULD BE IN PRISON, IF NOT HUNG ON THE
WHITE HOUSE LAWN

GOLD CONSOLIDATING TO MOVE HIGHER?


5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


GOLD CLIMBS OUT OF THE YELLOW DOWNTREND CHANNEL


GOLD NEEDS TO BREAK THROUGH THE NEXT TOP
AT 1217 AND THE 75% RETRACE POINT AT 1218.7

STOCKS, OIL, EURO ALL RISING NOW, GOLD FOLLOWING, BONDS, YEN TURNING DOWN




MARKETS ARE SIMPLY NUTS TODAY, GOLD IS NOW TRYING TO MOVE BACK UP


STOCKS, OIL, EURO TRADING WILDLY TODAY
BONDS, YEN A LITTLE LESS VOLATILE
DOLLAR IS SIMPLY A MATTER OF INTERVENTION ON
A DEAD ENTITY

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR PULLS BACK

STOCKS, OIL, EURO TURN BACK UP, GOLD FOLLOWS


VERY VOLATILE TRADING TODAY.
EVERY MOVE GETS TAKEN BACK IN BOTH DIRECTIONS
IN STOCKS AND EURO.
GOLD IS JUST GETTING BEAT UP AFTER MOVING UP
DRAMATICALLY IN RECENT DAYS AND WEEKS.
THIS PULL BACK IS NOTHING RELATIVE TO GOLD'S GAINS

GOLD PULLS BACK AS STOCKS, OIL, EURO SELL OFF STRONGLY


STOCKS, OIL, EURO RISING STRONGLY, BONDS FORMING A LEDGE TO FALL FURTHER


GOLD MOVING UP WELL. NOW A PULL BACK TO
CONSOLIDATE, THEN HIGHER

A NORMAL POINT FOR A PULL BACK, BEFORE MOVING HIGHER


GOLD CONTINUING TO RISE ON GOOD VOLUME


GOLD RETESTS THE LOW AND STARTS BACK UP ON GOOD VOLUME


STOCKS, OIL, EURO TURN BACK UP AFTER A THOROUGH
DRUBBING.
BONDS FELL FURTHER BUT ARE BOTTOMING AGAIN FOR NOW
YEN IS TURN ING UP
DOLLAR GOT GOOSED UP PRETTY GOOD, BUT IT WON'T LAST
LIKE ALL THE OTHER TIMES IT GOT A PPT INTERVENTION HIGHER

GOLD TAKES ANOTHER HIT, BUT IS COMING BACK ON STRONG VOLUME


IT WILL TAKE A LITTLE TIME FOR GOLD TO GET ITS LEGS BACK AFTER THIS ATTACK




STOCKS, OIL MOVING BACK UP, EURO STOPS FALLING


A SHALLOW PULL BACK IN THIS 1ST RALLY BACK UP
LOOKS LIKE THE SHORTS SHOT ALL THEIR AMMO
AND GOLD BUYERS ARE SAYING 'IS THAT ALL YOU'VE GOT?'
GOLD MOVING UP AGAIN ON DECENT VOLUME FOR NOW,
IT SHOULD BEGIN TO GROW AS GOLD RISES QUICKER

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR UP SO FAR, BUT NOT STRONGLY