Friday, October 10, 2008

6:50AM PDST GOLD GETS A THRASHING, BUT COMES BACK


The quick sell off was probably an attack to scare
longs to not hang on for higher prices.
Now gold should rally back and even go higher
after people start to realize what is going on.
Volatility is just crazy as you can see.
That was a $26 punch in gold's face. It's like
a fighter getting knocked down early in the fight
only to get back up and eventually win the match.