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- 3 January 2007
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Lol I SUBSCRIBE to Casey Research gold watch.
I am definitely banking on further weakness, based on independent analysts and on technical analysis. That's why I've been holding back for a while now.
If you have followed, read and understood the article at the end of the link provided by Bushman this morning, the answer you seek should be fairly obvious. After holding support at US$750 last night I am not banking on much, if any further weakeness from here. But I have been wrong before.
I decided to fully load today with a purchase of Avoca. AVO
I buy silver per Kilo I have an average price of AUD 280. My last purchase September 2005.
If one buys physical gold then maybe one should also look at buying the poor mans gold…silver
LOL @ u Guys
Gold goes back to support and its all doom and gloom
this time next week we will be back testing new 28 year highs.:
Can't find Faber through that link CanOz.Speaking of Doom and Gloom, check out Faber...i think he's brilliant, no one explains this Sh** better than him.
http://www.bloomberg.com/index.html?Intro=intro3
Cheers,
Can't find Faber through that link CanOz.
Hi kennas
I punched faber into search and came up with this.
http://search.bloomberg.com/search?...wnnis&sort=date:D:S:d1&submit.x=13&submit.y=7
I'm down to the 'like a bartender' one. Sounds like it might be the one.
Gold is makeing another nice little run into $770 territory on our opening again.
Is the so called PPT going to kill it again?
The PPT are usually at it at this time of the day. Very bullish as US$770 was establishing as resistance. The dark clouds circling Iran is probably the key driver. Dont' be surprised at a sudden leap towards $800 some time soon.
]Hey, where all you guys today?
Silver through $14! Is this omonius for gold tonight?
Or if your looking for the Video links for Marc Faber check out below
http://search.bloomberg.com/search?...F-8&filter=p&getfields=wnnis&sort=date:D:S:d1
They look to be falling over. However, I have found that stochastic can stay higher for londer and need to be combined with other indicators including basic S&R to get the entire picture.Looks promising alright. For the proposition that gold is shadowing silver, it closed well over $14 and held also.
How do the stockastics look on the XAU, kennas?
They look to be falling over.
However, I have found that stochastic can stay higher for londer and need to be combined with other indicators including basic S&R to get the entire picture.
Overall, I'm expecting a jump and then some consolidation. On the XAU perhaps back to 160-170....
Still, I'm with bean on the overall scenario of a market correction that will take stocks down with it before more significant gains in gold stocks. If it is a large correction there may be a chance of 150-160. So, depends on what sort of overall correction we have.
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