Thursday, November 20, 2008

5:40AM PST GOLD MOVES DOWN ON THE OPENING, COULD GO LOWER


Dollar is up slightly at .8822
Dow is sinking and gold has been moving with it
according to Dan Norcini. That's one tip.
Euro moved down, but stopped with gold (or
vice versa) and is building a ledge that they both
good fall off of.
This is all very tricky right now and will be very hard
to trade except in the very shortest of time periods
(minutes and even seconds).
Buying cash gold now will have to be done at Monex,
as their cash prices fluctuate in real time with the market
and can be locked in for 25% margin, with the intention
of taking possession (think about splitting a purchase with
other people, only get the cash first!)
When all these big entities start dropping like flies (like
they're not already!) gold will skyrocket!
You should already have your flak jackets and helmets on!