Friday, October 24, 2008

7:26AM PDST GOLD TESTING TOP LINE OF DOWN FLAG FOR SUPPORT


If gold can find support at the top side of the
down flag, it can move higher, but I expect it
will sell off as it has been doing and pull back
75% of this morning's big up move.
Sinclair is saying things are moving much faster
than he expected and once again is trumpeting
his very vague and safe prediction of $1650 gold
EVENTUALLY! This simply doesn't help us anymore
when our recent purchases are under water.
I am growning very preturbed with Sinclair's brief
comments and frustration with the anger of his followers
even though he will be proven correct in the long run.
This just doesn't help the "little guy" who is trying to
save his money by converting it to gold, and have some
to spend on living expenses at the same time.