Wednesday, November 12, 2008

4:27PM PST


Gold retraced 75% to 70970 then took off and
moved back up to the previous high at 714
Euro has moved up to 1.2472
Gold has a better chance of moving up in
over night markets but is sure to be knocked
down again as it enters the NY market.
This will not change until some event causes
gold to skyrocket to its natural place in the Universe
where the retail market already declares is belongs.
Comex traders should take delivery of their Dec contracts
and "assist" Comex in returning to a state of REALITY.