Thursday, May 28, 2009

ALL UPWARD MOVING MARKETS ARE PAUSING TO CONSOLIDATE


Gold consolidating in the red down flag. Given today's move,
gold could spike even higher and move on to $1000 if the
shorts panic and cover their positions and the bullion banks
don't sell gold like hell right now.
It appears that the dollar is now broken and going down
Euro is making new highs along with Oil.
Dow is flying up and down with the gamblers in it.
Bonds are dead but are getting some buyers because of the
interest rates on them now. They will regret buying them
soon.