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Re: gold and silver

By: clo in ROUND | Recommend this post (0)
Mon, 25 Jul 11 5:02 AM | 71 view(s)
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Msg. 34043 of 45644
(This msg. is a reply to 34041 by Decomposed)
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Your post is clearly written, amazing with those tiny buttons ;))

The heat finally broke today, even had a rain shower. Hope you have more time to work with better conditions. clo

DO SOMETHING!

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The above is a reply to the following message:

Re: gold and silver
By: Decomposed in ROUND
Mon, 25 Jul 11 4:24 AM

Msg. 34041 of 45644

GDX is clearly overbought... Gold BADLY needs to test its 200 day MA. The best TA person I know thinks markets will continue up for 3 more weeks - but that's it.

I'm bearish short term on almost everythin.

BTW China looks to be VERY close to taking action on its own serious economic problems. I expect it to flip soon from huge net buyer to huge net SELLER of US Treasuries. I trust everyone here understands the disastrous consequences for us WHEN that occurs.

Sorry for any typos. I'm pecking these msgs out on my Blackberry and can't even read the font because it's so small...

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