Thursday, April 9, 2009

GOLD RALLIES 75% ON LIGHT VOLUME, NOW A PULLBACK


Gold just barely breaks above the blue down flag.
Could keep going but with the dollar so strong
right now, that puts a damper on gold. Add to
that all the Crimex manipulation and gold needs
a rather calamitous event to make traders jump
in big time and drive gold up in a panic spike.
After all this recent weakness, it will take a BIG
EVENT to trigger that action. Also, the news is
all about the distraction of O'Bomb'a crapola that
has NOTHING to do with really fixing this mess.
WHICH, by the way, CAN'T BE FIXED, only accepted
as the disaster it is.
Time for some prosecutions and prison time for lots
of greedy bankers, financila wizards, AND politicians.