JUST LETTING YOU KNOW Gold Every time Gold has an up day, I get tons of emails asking: “Should I buy it now?” I received two phone calls in my office today from listeners to my radio show. “What do you think about Gold here?” And one of them got mad at me when I [...]
Archive for the 'Dollar' Category
Just one day up for the dollar caused this…which tells me the recent move up was in weak hands. That ain’t Aunt Mary and Uncle Bob selling. Gold gave back the whole move of the past 5 weeks…in hours! Chart courtesy of StockCharts.com Chart courtesy of StockCharts.com
JUST FOUND THIS. THE CHARTS BASICALLY SAY IT ALL. NOT A GREAT START TO THIS CENTURY. I WILL SHUT UP NOW.
I am already being asked if this is THE low. Let’s hope. For now, I see it as a low in the short-term. Won’t go any further yet. Yesterday I told you the 200 day was providing support into the quarter-end window dressing period. As of this second, the support is now stronger. While major indices [...]