GOLDTRADER'S GROUP

Thursday, October 9, 2008

12:54PM PDST THE BIG PICTURE SO FAR

12:51PM PDST PUT ON YOUR SPACE SUITS, YOU'RE GOING TO NEED THEM WHERE GOLD IS GOING!

12:34PM PDST HOLD ON TIGHT, GOLD IS GOING TO SOAR LIKE YOU HAVE NEVER SEEN IN YOUR LIFE, EVEN IF YOU ARE OLD!

12:30PM PDST THIS IS IT! GOLD IS GOING TO SPIKE BIG TIME

I just called Kathy Lucatero at Monex,

she has no silver, and Gold Eagles and Buffalos

are out.

They have Maple Leafs, and Vienna Philharmonics

If you buy gold, DON'T BE PICKY!

GOLD IS GOLD! It will all increase in value

and be tradeable if it is in known quantities of

coins or bullion with the proper markings or

sealed in the correct manner.

12:18PM PDST THE BREAKOUT TO THE UPSIDE BEGINS HERE

The news just keeps getting worse by the minute.

Gold is about to take over.

Grab all you can get at almost any price as

you will be rewarded abundantly as it explodes

in price.

And remember, you AREN'T getting rich,

as phone calls will soon cost $10,000 for a local call.

12:14PM PDST GOLD RALLIES WELL AS STOCK MARKET FALLS FURTHER

Gold has only rallied to the pink downtrend line

in this chart, but is now penetrating that line

and should be moving much higher due to the

failure of stocks to rally.

The economy is finished no matter what is done

at this point, even if martial law is declared

which will make survival even more painful,

so start preparing your minds to be OUTLAWS

if you want to survive.

11:44AM PDST GOLD STARTS TO RALLY

10:35AM PDST GOLD SELLS OFF A BIT ON THE CLOSE INCONSEQUENTIAL VOLUME

Gold drops to the intermediate trendline (blue)

and holds, then rallies some after the close.

Euro is down after its recent rally of the low and

is still in its uptrend channel.

Dollar got a bounce today, but nothing significant.

Stocks gapped up on the open only to fall even lower.

Bonds fell off their "ledge" and should go lower as

people are no longer running to bonds for safety.

Gold will be the next choice for safety...or bullets.

10:00AM PDST GOLD BREAKS BELOW THE BOTTOM TRENDLINE, BUT RALLIES BACK

Gold volumes today are very light. Highest

volume hour was 7am to 8am pdst at 11K contracts up volume

9:48AM PDST

Lines have been re-drawn to include the new low

at 88290 for the intermediate uptrend channel.

The pink down channel/flag resolves up. This

recent down move works out to be a period

where gold can re-organize the longs and shorts to

move higher on its way to much higher highs as

all this new paper fiat crap money circulates into

the system and drives all prices up astronomically

into a deadly hyper-inflation which will collapse the

World Economy.

9:45AM PDST GOLD HOLDING ITS OWN SO FAR TODAY

6:15AM PDST GOLDTRADER IS OFF TO THE HOSPITAL FOR A TEST

See you all later....BUY GOLD!

6:05AM PDST GOLD QUIET ON THE OPENING

Gold volume is quite light on the opening. A little

sell off in the first two minutes then back and forth

in a tight range, but holding the bottom line of the

new uptrend channel.

Euro falling some after a decent rise from the low

hit in the last few days.

Dollar is off its highs at .8113 right now and going

sort of up and down in a sideways trend.

Bonds have formed a ledge from which they could, and should, fall,

as interest rates have to go up to correct this situation instead of

the idiotic rate cuts to prop up a totally bankrupt and fraudulent

system.

Oil is going sideways at 89 and has dropped to the same price area

we had last February...quite a chart...But it WILL go back up

with the hyper inflation that is bearing down on us from all this

"free" Guv'mint money they are throwing at this disaster "they"

created for us. I read more and more comments about how

Bernanke and Paulson should be arrested, along with Congress,

and of course, the Idiot in Chief.

5:05AM PDST A CLOSE LOOK BEFORE THE OPEN

The pink down flag resolves UP,

the little white up flag resolves DOWN...

Goldtrader will be away at the hospital this morning for an undetermined period.

My last posts will be just after 6:00am pdst to allow travel time to my appointment.

As soon as I am able to get back online, I will post.

Good luck and get prepared for the disaster headed towards you at high speed.

No time to waste now...get your supplies, AND WATER, in and do it NOW!