Thursday, October 16, 2008

7:21AM PDST THE LARGER PICTURE


Gold retraced almost 75% of the entire up move
from the BIG LOW at 73980 up to 93630 bottoming
at 79350, just above the 75% retrace point at 78890
Can the " powers" drive it lower?
They have lots of people scratching their heads now,
which is what they wanted to happen so people would
be afraid to put their paper money into gold...
exactly the OPPOSITE of what they should be doing.