Tuesday, June 30, 2009
GOLD IS SLOWING ITS RISE AND MAKING LOWER HIGHS, MAY PULL BACK BEFORE THE CRIMEX CLOSE
Dow off 105
Euro, Yen, Oil on on their lows.
Dollar at .8057
A SHALLOW PULLBACK IS GOOD FOR GOLD'S RISE
A pull back here at the 1st 75% retrace point, then higher
to the next one.
BONDS RISING, EURO, OIL DOW FALLING, DOW OFF 50
Dollar date is suspect.
Most reliable delayed data show high of .8045
Gold forming a new ledge, may fall to the 75 % point or lower
Most reliable delayed data show high of .8045
Gold forming a new ledge, may fall to the 75 % point or lower
GOLD FALLS FURTHER, MAY HIT THE 75% RETRACE POINT AT .2210, OR EVEN THE BLUE UPTREND LINE
DOLLAR SPIKES TO .80545
CHECKED DOLLAR DATA WITH 2ND SOURCE, THE .8030 HIGH IS CORRECT SO FAR
Bonds pushing lower,
Euro, Yen have turned but may be forming ledges off
which they may fall
Oil moving higher very slowly
Dow up about 35
CORRECTION!!!
For some reason my delayed dollar charts just changed completely
showing the dollar only moved up to .8016...NOT .8030
I've never seen this before from FUTURESOURCE charts.
Just refreshed the charts and they're back to the .8030 scenario.
Double check your data with TWO SOURCES
showing the dollar only moved up to .8016...NOT .8030
I've never seen this before from FUTURESOURCE charts.
Just refreshed the charts and they're back to the .8030 scenario.
Double check your data with TWO SOURCES
DOLLAR RISES TO .8000, EURO, YEN, OIL, BONDS STARTING TO TURN UP
GOLD RISE IS PAUSING, MAY RETEST THE LOW
UP VOLUME GOING LIGHT, UP MOVEMENT VERY
SLOW
UP VOLUME GOING LIGHT, UP MOVEMENT VERY
SLOW
BONDS, EURO, YEN STILL PUSHING DOWN, DOLLAR AT .7998
GOLD COULD FALL FURTHER
This is probably just short covering
as they take their quick profits as
gold's decent has slowed. It will
probably poop out quickly, although
volume is moderate for the last 3 minutes
of trading
This is probably just short covering
as they take their quick profits as
gold's decent has slowed. It will
probably poop out quickly, although
volume is moderate for the last 3 minutes
of trading
MORE BUYERS THAN SELLERS BY VOLUME, BUT GOLD IS ON A LEDGE AND MAY GO LOWER
Euro, Yen, Oil moving lower
Dollar still looks weak but could get a sudden PPT goose higher
GOLD MOVES UP ON VERY LIGHT VOLUME TO THE 1ST 75% POINT
Gold trading is basically directionless for now and trading
in a tight range. Not worth the risk of trading the range
Monday, June 29, 2009
GOLD MOVES HIGHER IN THE EARLY EVENING HOURS PDST THEN STALLS JUST BELOW THE RECENT HIGH AT 9432
Gold may consolidate here in a down flag and move higher
later tonight. Dollar has fallen to .7991 and may move lower.
We are in the FINAL STAGES before hyper-inflation will
hit us all.
I just went to the grocery store today and was shocked to
see vegetable oil priced at almost FIVE DOLLARS for about
24-28 ounces of corn oil (no vegetable on the shelves). Maybe
people have been running their diesel cars/trucks on the stuff!
Toilet paper was so expensive, I think I'll start using my finger
and a washrag. (Not so ridiculous, as many cultures use washrags
for feminine pads and many use a water rinse as in a bidet for
cleansing after bowl movements.)
It wouldn't be ridiculous for you to install a bidet instead of stocking up on TP.
(See http://en.wikipedia.org/wiki/Bidet) for info on bidets.
Interesting that it means 'trot'! Anything to do with the 'Taco Trots'? haha
Every time I eat hot yellow chilis, I shit battery acid, so a water wash
isn't a bad thing.
JUST SAYIN'
GOLD MAY FIND RESISTANCE HERE AT THE YELLOW UPTREND CHANNEL LINE THAT WAS JUST VIOLATED
Euro and Oil moving higher
Dollar falling from its high at .8026
COMPUTER PROBLEMS
My main computer is giving me problems by
running very slow. Just rebooted. Might have
trouble posting much today.
running very slow. Just rebooted. Might have
trouble posting much today.
GOLD MAY RETEST THE LOW
The Euro and other Indicator markets never really
supported this last rally and the sell off was simple
manipulation as usual.
Sunday, June 28, 2009
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