Now that gold has hit the previous high at 83450
and exceeded it a pinch, does gold pull back a little
and go higher, or does NY bang it down on or before
the open? The Dollar has collapsed down to .8520,
the Euro is above 1.3200, Oil is up at 45 (time to
fill your Jerry Cans with gas for your yard equipment).
You don't want to buy the highest price and have the
market pull back big time on profit taking, and you
don't want to get left behind if it does. This is the
problem with rising markets, but only for margin
traders. Cash gold owners, just go back to bed and
DON'T YOU DARE SELL YOUR GOLD NOW!
It's going way up from here and you won't be able
to buy it back easily.
